Schroders and M&G among those bidding to run £1bn scale-up fund, reports say

Fund is set to boost investment in science and technology businesses

Holly Roach
clock • 1 min read
Picture by Lauren Hurley / No 10 Downing Street
Image:

Picture by Lauren Hurley / No 10 Downing Street

Schroders and M&G are reportedly bidding to manage the £1bn scale-up fund that is dedicated to investing in UK science and technology companies.

The fund – unveiled last month – was set up to help connect institutional capital with the companies, founders and venture managers driving British innovation. It was confirmed last month that N...

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