Edge Creative Enterprise Fund
Nurturing and assisting high growth creative businesses
Edge Creative Enterprise Fund brings together private sector funding from leading institutions and high net worth individuals, with a significant investment from the Government’s British Business Bank.
The fund was launched on 15th November 2015. Read the press release here.
Edge Creative Enterprise Fund’s purpose is to nurture and assist creative businesses to grow. By their nature, many of these companies start with a small number of employees, and a high degree of entrepreneurial flair. Edge provides the crucial capital and mentoring skills to stimulate growth and innovation at these firms. In this way, Edge will create growth and returns for both the management teams of its portfolio companies and its investors.
The creative and cultural economy is an important and growing part of the global economy. The term creative industries refers to activities that trade with creativity, knowledge and information. The key aspect which these businesses have in common is the creation, acquisition, management and commercial exploitation of intellectual property, which translates into economic value.
The fund will target investments from Britain’s thriving creative industries sector: the creative economy accounts for approximately 10% of the entire UK economy and provides 2.55 million jobs; this employment is growing four times faster than the economy as a whole.
Edge Creative Enterprise Fund will back fast growing and revenue generating small and medium-sized creative companies, which have core intellectual property which can be scaled. The fund is targeting a minimum three times return for its private investors over its 7 – 10 year life.