GEO launches new product!
LCIF investee company GEO are launching a connected water damage prevention system which will reduce the risk of water damage. It's great news for the insurance industry - and home insurers.
Happy International Women's Day - 8th March
Innovate UK have announced the second phase of their Women in Innovation Awards which will launch later this year. The programme will consist of a funding competition and support package to encourage more female-led innovation.
FutureNova's FlipPad features in new TV show
'The Resident' is a new medical drama airing on FOX this month. FutureNova's medical grade iPad cover the FlipPad can be seen being used by the staff in the hospital - so will be seen by hundreds of thousands of viewers. Great visibility for such an innovative product.
Genesius start shooting on their latest film this month.
Genesius Pictures are shooting their latest film project this month, a biopic of artists L S Lowry, with a stellar cast.The company have been featured in leading industry publication Screen Daily.
LCIF are delighted to announce the new chair of the board.
Mark Pendlington has taken the position of chair of the LCIF board and we couldn't be more pleased! Read more about it in this news article.
MSF's rapid growth receives media attention.
Norwich based LCIF investee company MSF have had rapid growth in 2017, read about their sucess.
Spark EV launch in the news.
LCIF investee company Spark EV has been enjoying news coverage this week with the launch of it's innovative product for electric vehicles.
Cleantech Innovate 2018
Cleantech Innovate showcases the latest in clean, low carbon emerging innovations. The event gives businesses working in this sector the opportunity to attend alongside investors and other low carbon businesses, as well as opportunities to pitch. Take a look at the website for more information.
Enlight wins award!
Congratulations to LCIF investee company Enlight who have won the EDP Business Awards Enviro-technologies award. The company design and manufactures street lights and technology for lighting infrastructure which monitor environmental conditions and upload the data through a wireless platform. Read more about the company on our portfolio page.
LCIF Seeking Portfolio Advisor
We are seeking an experienced VC professional to provide additional knowledge and advice in relation to our portfolio of early stage investments. If you would like to express an interest in providing this service please send your CV and covering letter to us by Friday 10th November 2017. For more information please read the Portfolio Advisor Brief.
Investee company Sundried has been shortlisted for the Business Green - Green Leaders awards in two categories. CEO Daniel Puddick has been shortlisted in the Entrepreneur of the Year Award and the company has been shortlisted for Small Business of the Year. The awards take place on 28th June.
Another exit this week, this time investee company Breathing Buildings has been acquired. More funds going towards Cycle 2 of the fund so great news!
LCIF are pleased to announce another exit. Investee company Oval Medical have been acquired this week. This acquisition will provide funds to LCIF Cycle 2 for reinvestment into new, innovative, carbon reducing companies.
Tinizine Awards Success
LCIF investee Tinizine have had a string of award successes in the last month. They won Innovation of the Year at the British Small Business Awards, Start up Business of the Year at the Altrincham and Sale Chamber Awards, and to top it all off have been nominated for a Children's BAFTA for their online series "Search It Up!" which teaches online safety.
LCIF investee company FutureNova's innovative product the FlipPad is now on display at BT Pulse at Adastral Park, Suffolk. This is a state of the art demonstration centre to showcase the healthcare vision of the future. BT host demonstrations every 2 weeks to board level executives from Healthcare worldwide. The FlipPad is a chemically resistant, water resistant, drop resistant cover for the iPad with an antimicrobial glass screen. To see the FlipPad in action visit the FutureNova website.
Tinizine new partnership
LCIF Investee company Tinizine, who have developed the digital platform for primary school aged children, have an exciting new partnership with O2. O2 have recently launched a new family tablet bundle which is pre loaded with the Azoomee app. To find out more about Azoomee - check out their website.
Final Evaluation Report of Cycle One of the Fund
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 January 2017. 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 innovation, LCIF's added value, Lessons learnt and Recommendations.
If you would like a copy of the LCIF Final Evaluation Report Summary, please email firstname.lastname@example.org