We’re streamlining our funds, making things simpler for our investors - and more importantly, the companies we invest in.
By constantly monitoring the market and speaking to our stakeholders, we’ve realised that companies need their funding to be more flexible than ever before – whether they’re looking to raise start-up funding or follow-on funding to take their business global.
The Scottish Investment Bank operates Scotland-wide, in partnership with Highlands and Islands Enterprise. We operate a number of innovative co-investment funds, partly funded by the European Regional Development Fund.
These investment funds support Scotland’s capital risk market to ensure that start-up, growth and export potential companies have access to capital to help support their ambitions.
Our funds are changing. To benefit both the investors we work with and the companies we invest in, we’re streamlining our four co-investment funds into just two: the Scottish Co-Investment Fund (SCF) and the Scottish Venture Fund (SVF).
Investment now begins at £10,000 for both funds – stretching to £1.5million via the SCF and £2million with the SVF, with a range of deal sizes from £20,000 up to £10million. Both remain available to companies located anywhere in Scotland.
Originally, we developed our co-investment funds to fill identified market gaps. That remains our focus, so we only invest to fill a funding gap and we only invest alongside private sector investors on a commercial basis.
Supporting global ambition
This increased flexibility to invest alongside a wider group of investors, and in wider deal parameters, opens up exciting opportunities for investors – and more importantly, Scottish companies.
This will help us support more businesses to reach their full potential - and increase Scotland’s overall international competitiveness.
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