ISCF Transforming Food Production: Series A Investor Partnership Programme
Innovate UK is looking for investors interested in investing in UK companies working to transform food production towards net zero production systems by 2040. Investors can apply to partner with Innovate UK to align their investment alongside grant funding coming from the Industrial Strategy Challenge Fund, Transforming Food Production Programme.
The aim of this Programme is to encourage investment in innovative companies with developed technologies that are working towards net zero emission productive food systems.
The Transforming Food Production Series A Investor Partnership Programme is made of two stages:
- The investor partner selection – We’ll collate and assess applications from investors to form an investor pool. This stage will be covered during the information event on 6 August.
- The SME selection – SMEs will submit project applications for grant support with a clear alignment for private investment. This stage will be launched in November 2020 and an information event will be held then.
The first stage of this programme is to create a ‘pool’ of lead investor partners. We expect that investors will invest directly or lead syndicates to make investments aligned with Innovate UK grants.
To join as an investor partner, you must be an equity provider with the potential to act as lead investor in Series A investments (the first venture capital funding for a start-up). The investments are expected to range between £1m and £5m.
Come join us on August 6th at 14:00 BST to find out more about the programme and how to apply.