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Industrial Strategy Growth Capital (ISGC)

Aim

Using new flexibilities and tools to align investment to IS and increase scale of support for innovative businesses and funds in such priority sectors

IS priority sectors and sub - sectors

Investment strategy informed by sector analysis jointly with departments.

Capital deployed flexibly across BBB capabilities to respond to market opportunities and need

R&D-intensive scaleups

  • Expanded direct investing including larger tickets and co-leading deals – i.e. increased additionality
  • Developing lead investors in deep tech
  • Market shaping on life sciences fund managers

Emerging sectors

  • Expanding support for emerging managers and strategies via ECF/BPC capability, including seeking deeptech , life sciences, creative, climate tech opportunities

Private debt

  • Including redoubled support for professional and business services, financial services and advanced manufacturing

Reformed BBB

A more strategic organisation with the ability to allocate capital flexibly across its core capabilities, rather than being constrained by strict programmatic criteria