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For the FoundersFor the EntrepreneursFor the NorthFor the CreatorsFor the InnovatorsFor the DreamersFor the Disruptors
For the FoundersFor the EntrepreneursFor the NorthFor the CreatorsFor the InnovatorsFor the DreamersFor the Disruptors
For the FoundersFor the EntrepreneursFor the NorthFor the CreatorsFor the InnovatorsFor the DreamersFor the Disruptors

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Investor Profile: GMCA

Key Details

Name: Ed Thompson
Investment company name: Greater Manchester Combined Authority
AUM: £80m
No. of Portfolio companies: 33
No. of Portfolio companies in the North of England: All

Average no. of deals per year: 10-15
Team size: 30+
Website: Investment - Greater Manchester Combined Authority
Location(s):
Greater Manchester
Name three notable portfolio companies: BankiFi, Symphony Commerce, Watercycle Technologies

Fund name: GM Advance

Investment ticket range: £25k-£1m

Stage: pre seed - seed

Sectors:

  • Sustainable materials
  • Advanced machinery
  • Digital manufacturing
  • AI and machine learning

Location: Greater Manchester

Other investment criteria:

To be eligible for funding, applicants need to be based in Greater Manchester or have tangible plans to relocate or expand operations into the region.

Fund name: Business Investment Fund

Investment ticket range: Loans and equity of between £0.25m and £5m

Stage: Seed - Series A

Sectors: Agnostic with a preference towards –

  • Digital & Creative
  • Advanced Manufacturing
  • Low Carbon

Location: Greater Manchester

Other investment criteria:

  • MVP developed as a minimum with evidence of market fit
  • Match funding from the private sector (equity only)
  • The business is or will become a registered supporter of the Good Employment Charter


What do you look for in an investee business?🔗

  • Innovative companies that are bringing a tangible economic benefit to Greater Manchester.
  • Strong founding team
  • Based in Greater Manchester or have plans to relocate or expand operations into the region.
  • Early revenues or demonstrable pathway to revenue.

Why founders choose you as an investor?🔗

  1. Substantial track-record of successfully investing in businesses throughout the region over 10 years, with over £110m invested to date.
  2. Flexible funding options including Equity, Debt, and Convertibles.
  3. Evergreen funds with no deployment and realisation periods.
  4. Ability to provide follow-on funding.
  5. GMCA investment does not impact on SEIS/EIS

How to get in touch with you?🔗

gminvestment@greatermanchester-ca.gov.uk.

Edward Thompson

Senior Investment Manager 

@ GMCA

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