Investment opportunities for angel or venture funds

We're currently looking for applications from a wide range of investors who'd like to be considered for accredited partnership status of the Scottish Co-investment Fund.

This fund was the first public sector equity co-investment fund, which was established in 2003. It combines private sector investor and public sector funding to make equity investments in high growth businesses in Scotland.

The fund is backed by the European Regional Development Fund, and to March 2017 it invested £129 million into Scotland’s fastest growing companies alongside £250 million from private sector investors.

Download all the information you need to apply, as well as the application form: 

Scottish Co-investment Fund III Accredited Partner Application (PDF, 0.83 MB, 38 Pages)opens in a new window

With the Scottish Co-investment Fund we can co-invest into start-up, early stage and expanding businesses alongside accredited partners. The accredited partner would source, carry out diligence and negotiate the deal to invest into companies.

If there's a funding gap, the accredited partner can call upon us to co-invest alongside it on commercial and equal terms. As part of this fund, we can invest between £10,000 and £1.5 million in deal sizes between £20,000 and £10 million.

The Scottish Venture Fund operates by co-investing into start-up, early stage and expanding businesses alongside a range of private sector investors. It's private sector investor-led and we might be involved in negotiating the terms of the investment and undertaking any required appropriate diligence.

The investment decision is ultimately retained and made by Scottish Enterprise. We can invest between £10,000 and £2 million in deal sizes of £20,000 and typically up to £10 million.

We want to invest alongside experienced private sector investors with a strong track record in creating value through investment into early stage, high growth through to expanding companies.

With new investors, we will usually complete a number of Scottish Venture Fund deals together before thinking about giving you Scottish Co-investment Fund-accredited status.

This allows both parties to get to know each other before going through the Scottish Co-investment Fund partner accreditation process.

We'll invest alongside private sector investors into early-stage and expanding companies with high-growth potential that will deliver economic impact to Scotland.

We aim to work with our private sector investors to help our portfolio companies achieve their ambitions through realising their export potential and drive innovation.

Our aim is also to guide their access to appropriate finance and create highly-skilled employment from their growing Scottish base.