The Fund Incubator Limited (the “Incubator”) a small was formed in 2001 to help exploit investment ideas generated by leading Scottish Universities. In 2011 it took on its first regulatory umbrella mandate – the £37m Passion Capital fund and has thrived since. It has now helped and mentored 8 funds and fund managers to navigate the fund raising, fund management and regulatory processes. It is now the manager of over £120m of venture capital assets. The Incubator’s regulatory umbrella provides two services: It helps resolve problems faced by first time fund managers created by the very substantial time that it takes the FCA to deal with applications. Using our regulatory umbrella your fund can start investing and charging management fees in as little as 3 weeks not 6 or 9 months; It helps develop the experience and systems of new fund managers so that they are able to make more credible FCA applications and demonstrate to fund investors a sophisticated approach to operating the fund. The Incubator is part of a small network of independent professional advisers focussed on small to medium sized fund managers. It was acquired 2016 by a management team led by Barry Lawson and Stephen Geddes with a view to developing and extending its services.