The Scottish Investment Bank (SIB) was created as a division of Scottish Enterprise in December 2010 to help introduce new financial products and services that can support both exciting early stage companies and established companies with growth potential.
Annual Review 2010-2011
SIB delivered a solid performance, investing £23 million in 109 Scottish companies and leveraging £53.7 million of private sector investment. It also proved to be SIB's most fruitful year to date for generating income from the portfolio, with a total of seven exits, helping to produce £10.8 million in returns for the organisation.
Scottish Investment Bank 2010-1011 Annual Review (PDF, 1.1MB)
Past reviews
Before the creation of SIB, Scottish Enterprise Investments (SEI) operated with the remit of addressing the gap in Scotland's risk capital market with the primary objective of increasing private sector investment levels in early stage Scottish companies.
2009-2010
2009/10 demonstrated the role that Scottish Enterprise (SE) plays in developing Scotland’s early stage risk capital market to support high growth and technology based innovative firms. Continuing economic instability has contributed to strong demand for our investment funds and thanks to the continuing support of the SE Board and the Scottish Government we were again able to increase our level of activity for the fifth year in a row, investing £32 million in 115 deals which helped leverage a further £68 million of private sector capital into these companies.
Scottish Enterprise investments 2009/10 Annual Review (PDF, 580kB)
2008-2009
2008/09 was by far the busiest and most challenging year Scottish Enterprise Investments has experienced since it was established in 2003. Despite the tough economic conditions, we raised an additional £117 million of capital funds, substantially grew the number and diversity of our private sector investment partners, witnessed a doubling of funds invested and generated over £2 million of income from our portfolio.
Scottish Enterprise Investments 2008/09 Annual Report (PDF, 2MB)