Scottish Enterprise Growth Investment Team

Scottish Enterprise Growth Investment Team: Fuelling Scotland’s Economic Growth

The Scottish Enterprise Growth Investment Team, previously known as the Scottish Investment Bank, is the dynamic investment arm of Scottish Enterprise, Scotland's national economic development agency. Functioning across the diverse Scottish landscape, this team collaborates with regional partners like Highlands and Islands Enterprise and South of Scotland Enterprise. Their core mission is to ensure that businesses with high growth and export potential in Scotland have adequate access to essential growth capital, encompassing both equity and debt options.

Investment Strategy and Impact:

• Finance Readiness and Access: The SE Growth Investment Team empowers companies to prepare for and access finance, providing a financial readiness service to identify and secure appropriate finance sources.
• Ongoing Support: Beyond initial investment, they offer ongoing support through diligent portfolio management.
• Market Interventions: Their evidence-based interventions effectively increase the availability of finance for Scottish companies.

Key Funds and Investment Approach:

• Scottish Co-Investment Fund (SCF): This fund offers matched funding with accredited partners, covering up to 50% of the total funding package, ranging from £100,000 to £1.5 million for deals typically between £200,000 and £10 million.
• Scottish Venture Fund: Targeting 'gap' funding in rounds led by experienced private sector investors, this fund invests on equal terms, typically contributing £100,000 to £2 million as part of larger deals.
• Significant Achievements: From January 2016 to June 2023, the SE Growth Investment Team has significantly impacted the Scottish business landscape:
• Extensive Support: Assisted 177 Scottish companies across 282 fundraising rounds.
• Substantial Investment: A total of £389 million invested, with an average investment round size of £1.46 million into UK companies since 2015.
• Notable Investments: Supported key Scottish businesses like ENOUGH, Orbital Marine Power, Amphista Therapeutics, and Intelligent Growth Solutions.

Recognition and Collaborations:

• Exemplary Support for Scaleups: The team has been recognised for its exceptional support of high-growth businesses and the promotion of emerging sectors.
• Active Co-Investor Role: Notably collaborates with the Scottish Angel ecosystem, demonstrating a proactive approach to co-investment.
• Comprehensive Ecosystem Approach: With broader support from Scottish Enterprise, the SE Growth Investment Team exemplifies a holistic local ecosystem approach to fostering scaleup growth in Scotland.

The Scottish Enterprise Growth Investment Team stands as a beacon of support and investment prowess, playing a pivotal role in propelling Scotland's high-potential businesses towards sustainable growth and international success.