Low Carbon Innovation Fund: Equity finance for small and medium sized enterprises (SMEs) in the East of England that are contributing to the low carbon economy. LCIF is a Registered Trade Mark of Low Carbon Innovation Fund
The Low Carbon Innovation Fund and The London Co-investment Fund are different Financial Products
The Low Carbon Innovation Fund provides equity based finance for SME’s wholly or partly based in the East of England. It was set up in 2010 and funded by the EU with a £20.5m ERDF grant that is used to invest with private investors on an equal basis. It is operated by the Adapt Group at the University of East Anglia and managed by Turquoise International.
It is not to be confused with the London Co-investment Fund which comprises £25m from the Mayor of London’s Growing Places Fund to co-invest in seed rounds of digital, science and technology focused SMEs in London. It is founded and managed by Funding London and Capital Enterprise. Click here for the the London Co-investment Fund
LCIF are pleased to announce that the fund has successfully completed its first cycle of investments as of 31st December 2015. As part of the assessment of the effectiveness and impact of LCIF, Educe Ltd. has prepared a Final Evaluation Report setting out LCIF's Investment Performance, LCIF's Impact on SMEs, jobs and innovation, LCIF's added value, Lessons learnt, etc.
The Executive Summary of the report can be downloaded in the link below and for access to the full LCIF Final Evaluation Report, please email firstname.lastname@example.org
As of 31st December 2015, LCIF has invested its initial tranche of funds from the ERDF and is currently preparing to start investing again later in 2016. As part of the assessment of the effectiveness of LCIF, Educe Ltd. prepared a Final Evaluation Report setting out; LCIF's Investment Performance, LCIF's Impact on SMEs, jobs and [...]Read more
In September last year, the Diana Project – a research consortium set up to support and advance the growth of women-owned businesses – revisited their 1999 report analysing venture capital investments in women-led businesses in the USA. The project aimed to establish whether women-led businesses have made meaningful progress in gaining venture capital investments since the original [...]Read more