FREQUENTLY ASKED QUESTIONS
How can investment service providers (ISP) apply?
ISPs that are interested in applying should respond to the request for investment proposals (RFP).
Are there any limitations to which ISPs can apply?
The EIC is open to ISPs with appropriate regulatory status with respect to investment management and advisory activities in the UK. ISPs should be capable of managing a mandate of this scale with the potential for further growth.
Why should ISPs apply?
Participating in the EIC offers the opportunity to compete for a substantial investment mandate while showcasing innovative approaches to values-led and impact-driven investing. From similar processes in the past there is precedent for successful candidates to attract a significant amount of capital to their investment solution. Shortlisted candidates (expected to be five) will get visibility at a high-profile event attended by foundations, investors, and stakeholders from across the sector. Participants will also help the investment sector prioritise positive impact on future generations amid the current backlash against sustainable investing.
Why a focus on future generations this time?
Young people and future generations are excluded from most investment decisions. They also carry a large amount of the risk related to these decisions. That is why we have explicitly designed the 2026 EIC to create an investment portfolio for future generations. The process includes the participation of a Future Generations Panel who will shape the investment process and help ensure that the mandate reflects the needs of tomorrow’s society.
What is the role of the Future Generations Panel?
The Future Generations Panel is a group of young adults (aged 18–25) whose goal is to surface the priorities of young adults and future generations throughout the EIC. Over 700 applications were received to join the panel. Panel members were selected randomly, whilst also ensuring there was representation from people facing economic, social, and/or environmental marginalisation. The panel’s vision is “a sustainable and fairer future where we take pride in communities and are equitable, with no hate and injustice.” The group will work with the charitable foundation partners throughout the process.
What is the deadline for ISPs to apply?
The deadline for proposals is 11:59pm (UK time) on Friday 19 December 2025.
What are the next steps after application?
Following the deadline, proposals will be reviewed against an assessment framework and a shortlist (expected to be five ISPs) will be agreed. Shortlisted ISPs will be informed in February 2026. They will be invited to present at the live event on 25 March 2026 at the Barbican, London.
What will happen at the event?
Each of the shortlisted applicants will be asked to present their investment proposal to a wide variety of stakeholders and answer questions from the audience. Once all presentations are concluded, a vote will take place at the event, and a “people’s choice” winner will be announced. A “future generations” winner is also expected to be identified, which may or may not be the same as the “people’s choice” winner.
What will happen after the event?
After the event, additional due diligence will be completed by Redington, a Gallagher company, on the winning ISP(s). The partners will then independently make decisions on where to invest, based on the results of the event and the due diligence. Partners are expected to invest in the winning ISP(s), but decision-making is ultimately retained by the relevant governance bodies.
Will I receive feedback on my application?
We intend to provide applicants with high-level feedback on their proposals if they are not shortlisted. This will be dependent on the number of applications and capacity of the partners. Feedback will not be possible before the EIC event on Wednesday 25 March 2026.