
Investments
24Portfolio Exits
1Funds
1Partners & Customers
10About Greater Manchester Combined Authority
Greater Manchester Combined Authority (GMCA) is made up of the ten Greater Manchester councils who work with other local services to improve the city-region. The entity offers flexible loans and equity investments of between £0.5m and £5m at commercial rates. Applicants need to provide additional funding from the private sector.
Latest Greater Manchester Combined Authority News
Nov 14, 2023
Janine Smith The Growth Company has secured a second major contract in the region this month with the award of £7.5m from the Greater Manchester Combined Authority (GMCA) to deliver the GM Business Growth Hub, which is ultimately funded by the UK Shared Prosperity Fund. The service will deliver a contact centre offering instant advice from businesses and specialised business support on accessing finance, innovation, leadership and skills development, decarbonisation. Each local authority across Greater Manchester will also be allocated a team of advisers who will work closely with councils to ensure support is aligned with existing local provision. The GM contract win for the Manchester-headquartered Growth Company follows the award of a contract to deliver three of five business services in Lancashire last week. The Growth Company is to deliver a Growth Catalyst programme, and a Scale to Thrive programme as part of Lancashire’s £3.9m funding deal for the Boost programme. Janine Smith, Director, GM Business Growth Hub, said: “GM Business Growth Hub has a long history of delivering meaningful business support to SMEs across Greater Manchester. Over the last 10 years we’ve been embedded in the Greater Manchester business support landscape working closely with businesses, partners and stakeholders to ensure that the support we provide supports Greater Manchester’s ambitions and those of the businesses based here. “Greater Manchester is one of the most exciting places to be in the UK right now and we couldn’t be prouder to be part of that future. From helping businesses innovate, to developing their green potential and closing skills gaps, we look forward to continuing this important work with GMCA and the 10 local authorities.” Since it was formed in 2011, the Hub has engaged with more than 90,000 businesses and individuals wishing to start a business, created 14,793 jobs, and safeguarded a further 12,309.
Greater Manchester Combined Authority Investments
24 Investments
Greater Manchester Combined Authority has made 24 investments. Their latest investment was in GM Business Growth Hub as part of their Grant on November 11, 2023.

Greater Manchester Combined Authority Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
11/14/2023 | Grant | GM Business Growth Hub | $9.21M | Yes | 2 | |
10/2/2023 | Series A - III | Shopblocks | $1.81M | No | 5 | |
7/27/2023 | Grant | Holiferm | $2.57M | Yes | 1 | |
3/29/2023 | Grant | |||||
3/15/2023 | Seed VC |
Date | 11/14/2023 | 10/2/2023 | 7/27/2023 | 3/29/2023 | 3/15/2023 |
---|---|---|---|---|---|
Round | Grant | Series A - III | Grant | Grant | Seed VC |
Company | GM Business Growth Hub | Shopblocks | Holiferm | ||
Amount | $9.21M | $1.81M | $2.57M | ||
New? | Yes | No | Yes | ||
Co-Investors | |||||
Sources | 2 | 5 | 1 |
Greater Manchester Combined Authority Portfolio Exits
1 Portfolio Exit
Greater Manchester Combined Authority has 1 portfolio exit. Their latest portfolio exit was Moixa on August 24, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
8/24/2022 | Acquired | 5 |
Date | 8/24/2022 |
---|---|
Exit | Acquired |
Companies | |
Valuation | |
Acquirer | |
Sources | 5 |
Greater Manchester Combined Authority Fund History
1 Fund History
Greater Manchester Combined Authority has 1 fund, including Greater Manchester Low Carbon Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
Greater Manchester Low Carbon Fund | 1 |
Closing Date | |
---|---|
Fund | Greater Manchester Low Carbon Fund |
Fund Type | |
Status | |
Amount | |
Sources | 1 |
Greater Manchester Combined Authority Partners & Customers
10 Partners and customers
Greater Manchester Combined Authority has 10 strategic partners and customers. Greater Manchester Combined Authority recently partnered with Cisco on October 10, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
10/24/2022 | Partner | United States | Greater Manchester Combined Authority, Cisco collaborate for inclusive, digital region Greater Manchester Combined Authority has announced a strategic partnership with Cisco , looking to enable the transformation of public services with a programme of social value initiatives to support digital inclusion and address the digital divide across the region . | 1 | |
10/13/2022 | Partner | United Kingdom | ADVERTORIAL: Manchester locals can get government-funded marketing training The UK 's marketing trade body , the Data & Marketing Association , has partnered with the Greater Manchester Combined Authority and the Department for Education , to deliver bespoke Digital Marketing Skills Bootcamps . | 1 | |
7/26/2021 | Partner | France | First Renew Shops open in partnership between GMCA and SUEZ , benefiting residents and the environment . | 1 | |
4/7/2021 | Partner | ||||
10/30/2020 | Partner |
Date | 10/24/2022 | 10/13/2022 | 7/26/2021 | 4/7/2021 | 10/30/2020 |
---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Partner |
Business Partner | |||||
Country | United States | United Kingdom | France | ||
News Snippet | Greater Manchester Combined Authority, Cisco collaborate for inclusive, digital region Greater Manchester Combined Authority has announced a strategic partnership with Cisco , looking to enable the transformation of public services with a programme of social value initiatives to support digital inclusion and address the digital divide across the region . | ADVERTORIAL: Manchester locals can get government-funded marketing training The UK 's marketing trade body , the Data & Marketing Association , has partnered with the Greater Manchester Combined Authority and the Department for Education , to deliver bespoke Digital Marketing Skills Bootcamps . | First Renew Shops open in partnership between GMCA and SUEZ , benefiting residents and the environment . | ||
Sources | 1 | 1 | 1 |
Greater Manchester Combined Authority Team
1 Team Member
Greater Manchester Combined Authority has 1 team member, including former Chief Information Officer, Cara Williams.
Name | Work History | Title | Status |
---|---|---|---|
Cara Williams | Chief Information Officer | Former |
Name | Cara Williams |
---|---|
Work History | |
Title | Chief Information Officer |
Status | Former |
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