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.
If you experience any technical difficulties accessing the above url, then please contact the Delta eSourcing Helpdesk on call 0845 270 7050 or email firstname.lastname@example.org.
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.
Previous event – presentation
On the 27th July 2017, we held a Pre-Market Engagement Seminar For Prospective Fund Managers.
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