SME INVESTMENT
Bridging the funding gap
Bridging the funding gap
London Treasury supports the capital’s vibrant SME sector through early-stage equity and debt funds developed and operated under Funding London.
Overview
Funding London is an SME and venture capital (VC) investment organisation bridging the funding gap for London-based early-stage businesses. Established in 2004, it creates and supports VC and loan funds to support the Economic Development Strategy for London through specific strategies to deliver impact, economic growth and job creation. Funding London has a strong track record of delivering financial returns growing the Assets Under Management to £200m.
Our funds
London Co-Investment Fund
The London Co-Investment Fund (LCIF) is an in-house VC fund, that has invested £28m in early and seed stage digital, science and technology businesses, alongside over £400m from private sector investors. Returns generated from the fund are ploughed back into the London ecosystem, making investment available to the next generation of SMEs.
Greater London Investment Fund
The Greater London Investment Fund (GLIF) operates as a £110m fund of funds, providing loan and equity finance for London’s SMEs, through three sub-funds; MMC Ventures manage the Equity Fund and FSE Fund Managers manage the two Loan Funds. The Funds began investing in May 2019.
Investment Ready Programme for diverse founders
The Investment Ready Programme is a free, six-week programme designed to support London based SMEs led by diverse founders in raising external capital. It is funded by UK Shared Prosperity Fund, supported by the Mayor of London and delivered in partnership with Mountside Ventures.
The programme offers support and knowledge on early-stage investment, referrals to mentors and investors. One-to-one support and materials to streamline the fundraising process are provided to participants.
Media & insights
- News
- London Treasury Liquidity Fund