Independent Evaluation of the London Co-Investment Fund (LCIF)

Background on the London Co-investment Fund The London Co-investment Fund ("LCIF") was established by Funding London and Capital Enterprise and the Mayor of London with the aim of investing £23m in London-based, seed stage companies in the Science, Digital and Technology sectors. The LCIF defines seed stage as very early stage companies where the proof of concept stage has been successfully concluded. The LCIF is financed by £25m provided by the Mayor of London and the London Economic Action Partnership and £1.7m from Funding London and is managed by Funding London. The LCIF is a co-investment fund and operates by contracting with early stage investors including venture capital f…

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