IFS - Maven Equity Finance

IFS - Maven Equity Finance is the dedicated equity fund for the Investment Fund for Scotland, which can complete equity investments up to £5 million to help small and medium-sized businesses start up, scale up or stay ahead.

The Fund is managed by Maven Capital Partners, with the aim of supporting Scottish businesses with activities including expansion, product or service innovation, new processes, skills development, and capital equipment.

Eligible small and medium-sized businesses that are based in Scotland or have significant activity there can apply for funding.

IFS - Maven Equity Finance provides a range of funding options, predominantly via equity investment.

The IFS - Maven Equity Finance Fund can provide investments from £250,000 up to £5 million.

The application process involves submitting an online application form and providing details of your business plan and financial projections. The IFS team will review your application and contact you to discuss your proposal further.

The purpose of the Investment fund for Scotland is to drive sustainable economic growth by supporting innovation and creating local opportunities for new and growing businesses across Scotland. The fund will increase the supply and diversity of early-stage finance for Scotland's smaller businesses, providing funds to firms that might otherwise not receive investment and help to break down barriers in access to finance.

To be eligible for funding, businesses must have material operations, or planning to open material operations, in Scotland (Greater Glasgow, Greater Edinburgh, Aberdeen and North East, Dundee and Tayside, South of Scotland and the Highlands and Islands) and have growth potential. They must also demonstrate a viable business plan and be able to demonstrate how the funding will help them achieve their growth ambitions. The process is selective and the chance of securing an offer from IFS - Maven Equity Finance will depend on the quality of the investment opportunity in question and the quality of other applications received.  

The £150m Investment Fund for Scotland is a Nations and Regions Investment Fund financed by the United Kingdom government and administered by the British Business Bank.

You can contact the IFS team directly or by emailing ifs-enquiries@mavencp.com for further information.