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Switching operations to purely business-to-business

Focusing on the right customer base is important for businesses – and for Omnifone CEO Jeff Hughes, it was a case of B2B is best.

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Imaginatik sticks with AIM and raises funds through new and old sources

Technology products and consultancy firm Imaginatik has added £1.26 million to its coffers through a placing.

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Dragons' Den reject Trunki packs up investment from Business Growth Fund

Children's luggage company Trunki has secured a £3.92 million investment from the bank-backed Business Growth Fund.

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Entrepreneurs reject business bank and shares for rights and call for national insurance cuts

The government's business bank and employee ownership initiative are not the way forward, says a survey of 300 UK entrepreneurs.

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Investment for business growth: GCI Com

With GCI Com one of the first three businesses backed by the Business Growth Fund, GrowthBusiness looks at why the company chose the funding route and how progress has been.

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E-Car Club tops up Crowdcube investment by securing a further £215,000 from angels

Angel investors are supporting the growth aspirations of E-Car Club, a business which calls itself the UK's first entirely electric car club.

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Software product aimed at architects and engineers supported by The North West Fund for Digital & Creative

Regional backer The North West Fund has closed a new investment through its Digital & Creative fund by backing Sitedesk.

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Funding for Lending extended and ‘heavily skewed’ towards SMEs

The government's flagship business finance initiative, the Funding for Lending Scheme (FLS), has been extended until January 2015 and has been given a small business incentive.

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Software product aimed at architects and engineers supported by The North West Fund for Digital & Creative

Regional backer The North West Fund has closed a new investment through its Digital & Creative fund by backing Sitedesk.

News

Funding for Lending extended and ‘heavily skewed’ towards SMEs

The government's flagship business finance initiative, the Funding for Lending Scheme (FLS), has been extended until January 2015 and has been given a small business incentive.

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P2P sports gambling platform BuddyBet nets $3 million funding eight months after launch

A social networking-based online betting business set up in August 2012 has netted a $3 million investment from a number of private investors.

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City-based bar-restaurant group Drake & Morgan closes £30 million MBO

A second restaurant-based management buy-out of the week has seen Drake & Morgan complete a £30 million deal with help from Bowmark Capital.

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High growth companies in the UK rise by 10 per cent, says Business Growth Fund

The Business Growth Fund has identified 4,353 medium-sized enterprises which it says are showing 'high levels' of growth.

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Envestors leads funding injection into price comparison platform CompareFinanza.it

Private investor network Envestors has closed a new deal through the €5.3 million (£4.6 million) backing of insurance price comparison website CompareFinanza.it.

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