Enterprise Capital Funds (ECFs) combine private and public money to make equity investments in high growth businesses. Our ECF programme aims to increase the supply of equity to UK growth companies and to lower the barriers to entry for fund managers looking to operate in the VC market.
The British Business Bank invests alongside venture capital funds on terms that improve the outcome for private investors when those funds are successful.
We do this to encourage venture capital funds to operate in a part of the market where smaller businesses are not able to access the growth capital they need.
Enterprise Capital Funds are managed by experienced fund managers from a variety of backgrounds – including teams from the venture capital industry as well as serial entrepreneurs with a history of success in building early stage UK companies.
We operate a rolling investment programme for commitments to new Enterprise Capital Funds.
Our ECF guidance and Draft Partnership Agreement help applicants to understand more about the British Business Bank investment process and whether or not their plans fit with the programme.
If you are a business looking for equity investment, please note that this programme is about helping to establish funds.
If you are looking for equity funding, you will need to approach the funds’ managers directly through our scale up pages accessible through the homepage.
We recently held a webinar for prospective fund managers, in July 2020. You can download the ECF Presentation slides and view the full Webinar on demand below: