Source: https://tendernation.io/opportunities/01a13c12-95f1-7058-afd0-e2c7ea6d3512/appointment-of-co-investors-for-the-london-co-investment-fund-lcif-2017

awarded GB open procedure

# Appointment of Co-Investors for the London Co-Investment Fund (LCIF) 2017

[SME Wholesale Finance (London) Limited](https://tendernation.io/buyers/sme-wholesale-finance-london-limited)

Estimated value

£23,000,000

Published

14 Jun 2017

Deadline

Closed

1 Jan 2017

## Who can bid

- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

## About this tender

Funding London is the trading name of SME Wholesale Finance (London) Limited. Funding London have competitively selected five additional organisations to become co-investment partners with theLCIF. The selected partners will enter into co-investment agreements with the LCIF with an investment period of 18 months. The aims of the LCIF are as follows:- To invest 23m GBP into high-growth early stage Science, Digital and Technology businesses in Londonduring a three year period;- To achieve a target across the fund of 2.9 GBP of private sector investment for every 1 GBP invested byLCIF;- To generate approx. 2 653 jobs as a result of the investments being made; and- To maximise returns from exits to enable further investment in later years.

## CPV classification

Financial and insurance services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/88bb5419-a810-4b98-a1bf-dbeb1b5f2c22)

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