Scottish Venture Fund
The Scottish Venture Fund (SVF) has been set up by Scottish Enterprise in conjunction with the Scottish Government to invest £500,000 to £2 million, along side private sector partners, in company finance deals of between £2 million and £10 million.
Investment criteria
The SVF supports a broad range of industry sectors, typically high growth companies. The only exceptions are industry sectors where the investment leads to trade displacement or activities are restricted by regulatory issues. We will only consider investment in these sectors in exceptional circumstances where we are satisfied on both the commercial merits of the investment and the net additional economic impact.
Meeting the eligibility criteria does not guarantee investment from the SVF. We reserve the right and entitlement to reject any investment opportunity presented.
Whilst deals will normally involve venture capital funding, we will consider other types of company finance requirements. The SVF will typically invest through equity instruments but will also invest through mezzanine or debt instruments, provided that the commercial terms are on a matching basis with its partner.
How to apply
The Scottish Venture Fund can only consider investment opportunities sponsored by one of our Deal Promoting Partners (DPPs). Therefore, if your company is pursuing funding through the SVF and does not currently have any investors, please contact one of our DPPs in the first instance.
To learn more about DPPs, visit the SVF partners area of our website
If your company is seeking additional funding and already has an investor they can apply to become a DPP, as we continuously seek new partners to work with.
Learn more about becoming a DPP
How the process works
The DPP will bring investment opportunities to the SVF. Based on commercial terms the SVF may match the investment made by the DPP, either on its own or as part of an existing syndicate, in each transaction up to a maximum of £2 million. Where additional funding is required, the SVF will then be able to utilise its partner network to distribute these opportunities to the Deal Venture Partners (DVPs), who have the appropriate investment preferences for a particular transaction. The DPP will then select the most appropriate partners to form the investment syndicate for that particular transaction. Typically the DPP will structure the terms and conditions of the potential deal and lead the transaction to its completion.
Enquiries
For general enquiries about the Scottish Venture Fund, please email svf@scotent.co.uk.