Our ECF is a £30 million fund, in the form of a conventional 10-year limited partnership, awarded to MMC by the Government in a competitive process. The scheme is designed to stimulate growth-capital investment in the UK by providing Government equity risk capital at very low cost as a means of leveraging returns for private sector investors.

The Government has invested £20 million alongside £10 million from private sector investors, including £1.5 million from the three founding partners of MMC.

The ECF invests in companies requiring from £500,000 to £2 million in the initial funding round. The ECF benefits from co-investing with the Syndicate and EIS Fund. 

We successfully launched the fund in Q2 2008 and it is now being invested.