GovWire

The Long-term Investment For Technology and Science (LIFTS) initiative aims to establish new investment vehicles to crowd-in investment from institutional investors, particularly defined contribution (DC) pension funds, to the UKs most innovative science and technology companies.

This request for feedback has 2 aims:

• first, we wish to ensure that all potential applicants have an equal opportunity to understand and assess the proposed terms and planned next steps for the LIFTS initiative
• second, we want to test key elements of the proposed terms to ensure that the LIFTS initiative stands the best chance of success in achieving its objectives

We would like feedback on:

• the options for government support
• the qualifying criteria for proposals
• the overall approach and timetable for LIFTS