Cornwall & Isles of Scilly Investment Fund (CIOSIF)

The British Business Bank is pleased to announce that it is establishing the Cornwall & Isles of Scilly Investment Fund (CIOSIF) in partnership with the Cornwall & Isles of Scilly LEP. The £40m investment Fund will support access to finance where barriers exist for SMEs and seek to address an equity gap in start-up, early stage and development capital.

The Cornwall & Isles of Scilly Investment Fund of approximately £40m is brought together by a combination of ERDF, LEP and HMG grant funding, creating a fund which will provide debt and equity for the region.

The Bank also intends to appoint a member of staff who will support the Cornwall & Isles of Scilly Investment Fund as well as strengthening the links between local businesses and the Bank’s national access to finance programmes and products including information on finance options available to them.

Invitation to tender

The Invitation to Tender for the Cornwall and Isles of Scilly Investment Fund is now live on the Delta eSourcing portal, which we use to run the tendering process.

Find out more information about the tendering opportunity

Respond to the tendering opportunity

If you experience any technical difficulties accessing the above url, then please contact the Delta eSourcing Helpdesk on call 0845 270 7050 or email helpdesk@delta-esourcing.com.

Invitation to Tender – 8 March 2018 event 

We will be holding an event for Fund Managers to find out more about the Invitation to Tender at the Headland Hotel, Fistral Beach, Newquay, TR7 1 EW on Thursday 8 March 2018.

Register for the 8 March event

Previous event – presentation

On the 27th July 2017, we held a Pre-Market Engagement Seminar For Prospective Fund Managers.

The presentation is available to download here

If you have any questions, please email communications@british-business-bank.co.uk

View/download recent Frequently asked questions and answers 

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The Cornwall & Isles of Scilly Investment Fund will provide over £40 million of lending and investment directly to smaller businesses to boost economic growth and productivity in the area. It is part funded by the European Regional Development Fund.

The business finance guide - English version - guide to finance options The business finance guide - Welsh version - guide to finance options

The English and Welsh language editions of the Business Finance Guide are downloadable from the Guide’s dedicated website. This resource also contains videos and additional content about finance options, and links to local sources of advice and support.8