A public funding package of circa £40 million has been put together, with funds from the LEP, Government and the EU Growth Programme to establish the CIOSIF. The Government-owned British Business Bank will operate the fund for the first 10 years. The fund is anticipated to unlock at least a further £40 million from private investment. This will create a revolving investment fund to which businesses can apply for start-up and growth investment in perpetuity.
Investment Strategy – Debt
To make debt finance available to growing businesses in CIoS that are unable to access debt finance from commercial sources due to a lack of collateral or track record, but have a viable business proposal
Investment Strategy – Equity
To make equity finance available to growing companies in CIoS that are unable to access equity finance
For more information please visit the CIOSIF website