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Publication - FOI/EIR release

Private investment leveraged by Scottish European Growth Co-investment Fund: FOI release

Published
12 October 2018
Directorate
Economic Development Directorate
Topic
Economy, Public sector

Information request and response under the Freedom of Information (Scotland) Act 2002.

FOI reference: FOI/18/02483
Date received: 12 September 2018
Date responded: 12 October 2018
 
Information requested

You asked for details of how much private investment has been leveraged by the Scottish European Growth Co-investment Fund in the last three years.

Response

The Scottish European Growth Co-investment Fund, delivered by the European Investment Fund (EIF) under an agreement with Scottish Enterprise (SE) opened in June 2017. The £50m commitment from the Scottish Government through the Scottish Growth Scheme matches a £50m commitment from the EIF.  This is in turn will be matched by at least £100m from EIF accredited Fund Managers.  Investment to date of £2m (£0.5m provided by Scottish Enterprise, £0.5m from the European Investment Fund together with £1m from the EIF accredited Fund Manager) leveraged £.5m from private sector investors. 

About FOI

The Scottish Government is committed to publishing all information released in response to Freedom of Information requests. View all FOI responses at http://www.gov.scot/foi-responses

Contact

Please quote the FOI reference
Central Enquiry Unit 
Email: ceu@gov.scot
Phone: 0300 244 4000 


The Scottish Government 
St Andrew's House 
Regent Road 
Edinburgh 
EH1 3DG

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