Funding instrument
Long-term Investment for Technology and Science (LIFTS)
- Capital type
- Blended finance
- Provider
- British Business Bank
- Country
- United Kingdom
- Target
- Growth
About
The Long-term Investment for Technology and Science (LIFTS) initiative aims to establish new funds or investment structures to crowd in UK institutional investment, particularly Defined Contribution (DC) pension funds, to support the growth and ambitions of the UK's most innovative science and technology companies. Following a call for proposals, the British Business Bank announced in November 2024 that it had completed a £250m investment into Schroders Capital's new LTAF that is accessible to pension funds and other institutional investors. The investment was matched by £250m of pension investment from Phoenix Group, the UK's largest long-term savings and retirement business, creating a £500m investment vehicle which is projected to grow to over £1bn in the coming years. The LTAF offers defined contribution and other institutional investors the opportunity to participate in the growt...
Eligible geographies
- United Kingdom
Programmes
- British Business Bank
Capital stack
- blended
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Most finance matches are advisory — we map eligibility, intermediaries, and related calls before you leave for an official portal.