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British Business Bank

Articles and news about the British Business Bank, an economic development bank wholly owned by the UK government’s Department for Business and Trade. Its mission is to provide UK SMEs improved access to financing, supply useful information and tools, and build strong regional networks.

Venture Capital Funding

Venture capital has £8.4bn ready to invest in fast-growth businesses

Equity investment in small businesses rose by 24% to £8.5bn in 2019, with tech investment increasing by 27% to £4bn

Funding

Bim Afolami calls for £15bn Recovery Fund for scale-ups

Conservative MP joins chorus calling for multi-billion recovery fund to help scale-ups escape post-Covid 19 debt mountain

Funding

Coronavirus Large Business Interruption Loan Scheme – how it works

The Coronavirus Large Business Interruption Loan Scheme goes live on Monday, April 20 enabling larger businesses affected by Covid-19 to borrow up to £50m through state-backed loans

Venture Capital Funding

Angel CoFund plans private fund to boost £100m capacity

Angel CoFund eyes private fund to co-invest Series A money alongside angel investors

Alternative Finance for Business

Demand for finance from small business flat at best

Big drops in demand for peer-to-peer lending and equity investments in 2019, although figures still coming in

Venture Capital Funding

British Patient Capital targets life sciences and fintech as key investments

Government’s venture capital arm backs 12 funds with £334m of investment in its first year, bringing total commitments to £600m

Funding

Government launches Business Finance Council to help small businesses

Business secretary Andrea Leadsom will co-chair Business Finance Council to help small business access working capital and investment in post-Brexit Britain

Funding

British Business Bank increases small business support by 27pc

Government economic development bank supported over 89,000 start-ups and scale-ups with £6.6bn of finance in 2018-19 - an uplift of 27pc

Banking

Why the Bank Referral Scheme for SME lending should be scrapped

The Government scheme to encourage wider lending to small businesses is misguided and should be shut down, argues Kirsty McGregor

Banking

Government launches scheme to help fund small builders

British Business Bank guarantees £1bn to banks that lend to small builders in effort to boost house building.

Funding

Government confirms extra £200m backing for British Business Bank

Treasury cash designed to help firms access finance as European Investment Fund money disappears in wake of UK leaving EU

Venture Capital Funding

VGC Partners closes fund at over £50m to invest in consumer, media tech

Fund will invest between £2-5m apiece in consumer, media and tech companies