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'Hybrid' venture capital schemes backed by both private and public sector funding play an increasingly important role in the risk capital funding of early-stage firms with the potential for significant growth. We analysed the impact of investment from six UK government-backed venture capital schemes on 782 funded firms over the period 1995-2008. The six schemes that are the focus of this analysis are the Enterprise Capital Funds (ECFs), Early Growth Funds (EGFs), Regional Venture Capital Funds (RVCFs), Scottish Enterprise-backed Funds, University Challenge Funds (UCFs), and Welsh Hybrid Funds.