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Long-term Investment For Technology and Science (LIFTS) initiative: request for feedback

This consultation has concluded

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Detail of outcome

Summary of responses received, the government’s response to the consultation and the next steps.

Original consultation


We're seeking feedback on the options for government support, the qualifying criteria for proposals, and the overall approach and timetable for LIFTS.

This consultation closesran atfrom

Consultation description

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 UK’s 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


Ways to respond

Email to:

Write to:

LIFTS Secretariat
Business Growth Directorate
Department for Business and Trade
1 Victoria Street

Published 15 March 2023
Last updated 26 May 2023 + show all updates
  1. Published summary of responses.

  2. First published.