The Agri-Innovation Venture Capital Fund was launched in 2014 as a co-investment pot in response to the recognised need for investment into early and medium stage agri-tech enterprises in the UK. The Agri-Innovation Fund is operated by the Adapt Group at the University of East Anglia in concert with the Tsukuba Technology Seed Co Ltd (TTS) in Japan and currently deploys funds from the Low Carbon Innovation Fund (LCIF) and the SMBC Agribusiness fund into eligible companies in the region. To date, LCIF alone has invested over £11m alongside £31m of private co-investment into the region’s low carbon economy. Through LCIF Adapt has built a network of likeminded international partners that will help to propel UK companies into the global marketplace.
Together with its Japanese partners at TTS, the Fund has a joint investment pot of £8m to invest into agri-tech and the wider bio-economy. The Fund will work alongside the recently launched UK Agri-Tech strategy to form a key pivot point in the Norwich-Cambridge cluster and greatly serve the development of the region as a hotbed of successful innovation and international collaboration.
The Agri-Innovation Venture Capital Fund is open for applications from innovative businesses in the Agri-Tech sector delivering long-term, sustainable impacts. LCIF can also invest into a wider range of sectors, from renewables to the creative industries on the same basis as the Agri-Innovation Venture Capital Fund pot for agri-tech.
For more information and details on how to apply, please visit www.lowcarbonfund.co.uk