Skip to content
Station to Station Home Page Link

The Greater London Investment Fund for small businesses

SHARE
  • Local news
  • May 30, 2019

Today, the Mayor of London has announced that more than £100m will be invested into small businesses through the newly created Greater London Investment Fund. The fund is now open for small  businesses to apply!

The Greater London Investment Fund has been developed specifically to target businesses which have had difficulties in securing crucial investment.

While London has a world-leading financial ecosystem, some small and medium-sized enterprises (SMEs) struggle to access the funding they need to grow as lenders often tend to focus on larger companies with a more established credit history, for example.

The fund will also focus on industries identified as important for the capital’s economy by the Mayor in his Economic Development Strategy. These include cultural and creative industries, financial and business services, life sciences, low carbon and environmental goods and services, tech and digital, and tourism.

The Mayor of London, Sadiq Khan, said: “Small businesses are the lifeblood of our economy – they account for more than 99 per cent of all businesses in the capital and support more than half of all jobs.”

Small businesses can now apply by contacting either of the independent fund managers – MMC Ventures and The FSE Group – directly.

The bulk of the money for the new fund comes from European Union sources, which the Government is yet to give any assurances about replacing post-Brexit: £35 million from the European Regional Development Fund (ERDF) programme, overseen by City Hall and the London Economic Action Partnership (LEAP); and £50 million is from the European Investment Bank (EIB).

SHARE:

Related News:

Positive data trends for our high street

5 days ago

Spend data that shows the area’s economic resilience.

Read More »

Food & Drinks Walks

3 months ago

Monthly guided foodie walks that show local residents to places they might not have visited before

Read More »

Have your say about parking and street improvements in West Dulwich

5 months ago

Come to the drop in consultation session around CPZs and LTNs at the library

Read More »

Related Projects:

Happier, Healthier Workplaces scheme

3 weeks ago

Station to Station Business Improvement District has received funding to work with West Norwood and Tulse Hill’s local businesses and communities to reimagine how businesses can prioritise health and wellbeing through our ‘Happier, Healthier Workplaces’ scheme

Read More »

ChooSE27 the NEW Digital Town Hub for the neighbourhood

3 weeks ago

The app and digital town hub for West Norwood & Tulse Hill businesses, residents and community organisations.

Read More »

Employee Assistance Programme (EAP)

3 weeks ago

A health and wellbeing service that supports employees with personal and/or work-related issues

Read More »
PrevPreviousCheap Mondays at Picturehouse
NextThames Water Compensation for loss of business profitsNext

Useful pages

  • Contact
  • FAQ'S
  • Member services
  • Projects
  • Bid area map
  • Downloads
  • Privacy Policy
Facebook-f Twitter Instagram Linkedin

Station to Station is a London Living Wage employer

Company Registration number 10439049

Web design and build by Park Studio
  • Home
  • Business Directory
  • Member Services
  • Projects
  • ChooSE27
  • News
  • Events
  • Local Jobs
  • BID Timeline
  • Meet the team
  • FAQ
  • Downloads
  • BID Area Map
  • Contact
Search