The British Business Bank’s £200 million South West Investment Fund has announced its first major equity deal with a £500,000 equity investment in tech-led commercial waste and recycling business Binit.
The deal is part of a £750,000 funding round led by the South West Investment Fund appointed fund manager The FSE Group and includes co-funding of £250,000 from private equity...
The British Business Bank today launches the £200m South West Investment Fund aimed at fostering growth and prosperity for small businesses across the South West of England.
The South West Investment Fund (SWIF) will provide funding to small and medium sized businesses across the whole South West region, covering Bristol, Cornwall and the Isles of Scilly, Devon, Dorset,...
Start Up Loans, part of the British Business Bank, has appointed South West Investment Group (SWIG Finance) as its regional Business Support Partner for the South West region.
SWIG Finance will work with the Start Up Loans programme to deliver funding and support for small businesses in the South West over the next two years.
Start Up Loans, part of the British Business Bank, announces that its programme has facilitated over 100,000 loans worth more than £941 million to businesses throughout the UK. The figure marks a significant milestone for the programme since its creation in 2012.
Of the total 100,228 loans, 40% have been to women and 20% to people from Black, Asian and Other Ethnic Minority...
The British Business Bank has announced that, through the Recovery Loan Scheme, accredited lenders have offered nearly £302m to smaller businesses in the South West as they steer a path towards a sustainable recovery.
Of the £301.9m of total funding offered through 1,678 facilities, £250.4m has been drawn down through 1,544 facilities.
Business owners in the South West have received more £66m from the government's Start Up Loans programme since it was launched in 2012, new figures reveal.
According to the British Business Bank, the state-owned development bank that runs the programme, entrepreneurs across the region have received 7,487 loans in the past nine years. However, at 9% of the total, it is significantly...
In the now impossibly tranquil-seeming days of the early 2010s, David Cameron’s coalition government became obsessed with Silicon Valley. Although the reverberations from the 2008 financial crisis were still being felt, it was possible in a world before Brexit and coronavirus for politicians to fixate on something as trivial as technology start-ups and not be consumed by criticism.
