London Technology Fund

The London Technology Fund (LTF) specialises in equity investment for new high growth technology companies based in Greater London.

Its key objective is to provide funding for those businesses that fall into the equity gap not covered by commercial operators i.e. below £2 million.

The LTF has identified and developed a syndicate of investors looking to invest in new business opportunities. The fund will work with investors already known to companies or help entrepreneurs find investors.

The LTF works alongside investors within the private sector who can be encouraged to invest by the experience and the diligence undertaken by fund managers.

A streamlined investment process helps entrepreneurs identify and provide the essential information needed for prompt decision-making. 

The fund managers will work with the businesses and provide advice alongside G2i (Gateway to Investment), where appropriate, to assist companies that present a good opportunity but who have gaps in their management teams or business model.

What you receive

An initial investment that can be matched by other investors contributing up to a maximum of £1.5 million in a single business, which can mean a total investment of £3 million in this particular business.

The five stages to investment

  1. Complete and submit a funding application form. The information provided will be used to make an initial assessment of your investment
  2. Invitation to meet with the LTF team, this is an opportunity to present your company’s business plan
  3. The LTF team will make an assessment and agree terms with the co-investors
  4. An offer letter outlining the terms and conditions will be sent out subject to due diligence
  5. Your business can take advantage of post-investment monitoring. The LTF team will be happy to help you identify suitable financial systems and controls with which to manage your business and ensure it grows

Your contribution

You will be responsible for the total cost of the project less the investment made by the LTF.

Eligibility

  • Technology businesses
  • SME businesses that have their headquarters or principal business in Greater London
  • Companies that are not quoted on AIM or the London Stock Exchange

Priority sectors

  • communications
  • computer
  • other electronics related
  • biotechnology
  • medical
  • energy
  • emerging technologies
  • environment
  • physical sciences and engineering
  • new materials
  • value added manufacturing

Sector exclusions

  • businesses involved in the production of:
  • synthetic fibres and yarns
  • motor vehicles
  • shipbuilding
  • steel
  • coal
  • transport
  • productions in fisheries and
  • aquaculture sector
  • processing or marketing of certain
  • food-related products

For more information

This programme is delivered through Companies Guides Venture Partners.

www.londontechnologyfund.com
Tel: 020 7247 6300