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About CIOSIF

ciosif triangle
about ciosif
The Cornwall and Isles of Scilly Fund (CIOSIF), supported by the European Regional Development Fund, is an initiative launched by the government-owned British Business Bank.

It is a key part of the Government’s vision aimed at boosting the region’s economy and supporting the growth of smaller businesses (SMEs) between 2018 and 2023.

The Government firmly believes that SMEs form the foundation of the region’s future growth. CIOSIF therefore aims to nurture regional entrepreneurship by providing investment and support for small businesses between 2018 and 2023. CIOSIF’s funding will support new and growing SMEs, create jobs and encourage and attract additional private-sector investment.

As part of the British Business Bank, CIOSIF also aims to drive sustainable growth and prosperity across the UK, and to enable the transition to a net zero economy, by supporting access to finance for smaller businesses.

We offer two different funding options to help your business grow. These investment options are designed to plug common gaps in the provision of finance, giving your business access to the funding it needs.

about ciosif

The funding options available are:

How does the funding work?

CIOSIF funding is drawn from several sources including the UK Government and the European Regional Development Fund, including an allocation from the Cornwall and Isles of Scilly Local Enterprise Partnership (CIOS LEP).

CIOSIF has appointed fund managers who are responsible for evaluating applications and allocating funds to businesses. Their work is complemented by dedicated CIOSIF staff who work with local business support providers in the LEP area, including the Growth Hub.

* If you’re based in the North of England and looking for finance, you can apply for funding via the Northern Powerhouse Investment Fund (NPIF).

If you’re based in the Midlands and looking for finance, you can apply for funding via the Midlands Engine Investment Fund (MEIF).

CIOSIF Map

The LEPs participating in CIOSIF are:

CIOS LEP

CIOS LEP

cios growth lub

CIOS Growth Hub

Follow @CIOSIFBBB2

Latest News

Origin Coffee
Speciality Coffee business secures £1 million CIOSIF investment

Speciality coffee roaster, Origin Coffee, has secured a £1 million investment from the Cornwall & Isles of Scilly I...

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