Lira VC, a firm dedicated to providing funding and services to startups and early-stage companies, has launched in Atlanta.
According to a written note, the firm will provide micro loans of between $10 and $100k and services and tools to assist entrepreneurs in forming businesses. It will also give access business incubator space, including basic bookkeeping, marketing, website/SEO, transportation, high-speed Internet access, as well as mentoring and guidance.
Tony Rached, the founder of the firm, has secured committed capital of $4.5m from local and foreign investors to fund emerging companies in a broad spectrum of industries.
Rached is an entrepreneur himself, having worked in several companies into the automotive and insurance industry. He currently owns Car Appraisals & Claims, an Atlanta-based vehicle appraisal company, which specializes in property damage claims.
Located in the northern suburb of Roswell, LiraVC is now seeking qualified startups and emerging businesses, accepting applicants the beginning of February 2016, as well as investors in the initiative.