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British Business Bank marks 100,000 Start Up Loans milestone

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...

Startups

South West entrepreneurs receive £66m in funding from government scheme

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...