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Beacon Fund launches to power Cornwall’s next generation of businesses
A new equity investment fund in Cornwall has been launched to help ambitious start-ups and early-stage businesses in Cornwall and the Isles of Scilly access the support they need to grow.
Oxford Innovation Finance has been commissioned by the Cornwall and Isles of Scilly Good Growth Programme to deliver The Beacon Fund—a pioneering initiative designed to close a critical gap in early-stage equity investment across the region.
Backed by the UK Government’s Shared Prosperity Fund, The Beacon Fund will provide flexible, targeted investments of £20,000 to £200,000 per transaction, creating a sustainable, long-term funding solution for businesses with high-growth potential in Cornwall.
Working alongside existing investors such as the South West Investment Fund, Cornwall Angel Network, and the wider UK investment community, the fund will enable co-investment opportunities and deliver tailored financial support at key stages of growth. Businesses will also benefit from expert investment readiness advice through The Founders Collective, Oxford Innovation Advice’s established accelerator programme.
Chris Oliver, Investment Principal at Oxford Innovation Finance and Fund Lead said: “The Beacon Fund represents a significant step forward for early-stage equity investment in Cornwall and the Isles of Scilly. We’ve long recognised the need for this type of support, and we’re delighted that Cornwall Council, through the Good Growth Programme, has embraced such an innovative and forward-thinking model.
