Appointment of Five Co-Investors for London Co-Investment Fund 2017
SME Wholesale Finance (London) Limited · Awarded contract
AwardedAppointment of Five Co-Investors for London Co-Investment Fund 2017
Awarded 12 Jun 2017
Awarded12 Jun 2017
Value£23,000,000.00
RegionLondon
CategoryFinance & Insurance
Ended 7y 10mo ago1y 7mo term
Awarded 12 June 2017Expired 31 Dec 2018
About
SME Wholesale Finance (London) Limited, trading as Funding London, awarded a contract to Albion Ventures, Startup Funding Club, Venture Founders, Mustard Seed, and Concentric Team to become co-investment partners for the London Co-Investment Fund (LCIF) 2017.
The partners entered into co-investment agreements with an 18-month investment period.
The LCIF aims to invest GBP 23 million into high-growth early-stage science, digital, and technology businesses in London over three years, targeting GBP 2.9 of private sector investment per GBP 1 invested by LCIF, generating approximately 2,653 jobs, and maximizing returns from exits for later investment.
The contract value is £23,000,000.
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Appointment of Five Co-Investors for London Co-Investment Fund 2017
Won by Albion Ventures,Startup Funding Club,Venture Founders,Mustard Seed,Concentric Team · SME Wholesale Finance (London) Limited
£23.0Mawarded
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