Initial investors include the European Investment Fund (EIF), Scottish Enterprise (via the Scottish Investment Bank), Strathclyde Pension Fund and Rock Spring Ventures.

BBC: Pipette and test tubes

Chief executive of the Scottish Arts Council, Graham Berry, said the EIF's 2007 programme offered opportunities to reach out to a wider audience.

BBC: A fireworks concert brings the 2006 Festival to a close

The first winner of the Edinburgh International Festival Award was New York-based John Clancy Productions who presented a workshop performance of Captain Overlord's Folly or the Fool's Revenge at EIF 08.

BBC: red room

It is a EUR 160 million fund of funds, again backed by TTGV and the European Investment Fund (EIF), as an vehicle to encourage others to take out risk in Turkish start-ups.

FORBES: Turkey's Entrepreneurial Ecosystem: More Than Just Start-Ups