Download full report
Our Impact Report, published for the first time this year, sets out the impact of the British Business Bank’s activity on smaller businesses across the UK’s Nations and regions.
The Bank identifies clear market gaps in the provision of small business finance and brings expertise and capital to the market to remedy them. That capital is funded by the taxpayer. It is imperative that we understand the impact our activity is having and that we use that insight to deploy our resources where they can make the biggest impact in future.
In Spring 2023, the Bank reformed the way it delivers on its mission with four new strategic objectives:
Driving sustainable growth
by ensuring smaller businesses can access the right type of finance they need to start, survive and grow
Unlocking potential
by ensuring innovative businesses can access the right capital to start and scale
Backing innovation
by ensuring entrepreneurs can access the finance they need regardless of where and who they are
Building the modern, green economy
by financing groundbreaking solutions to climate change and helping smaller businesses transition to net zero so they thrive in a green future
And how we do it - our values
-
Catalytic
Our activities are focused on causing desired outcomes. When we act, we create momentum and unlock potential for others. Being catalytic means using insight, influence, and collaboration to accelerate progress and delivering meaningful outcomes for the Bank and its customers
-
Creative
We think differently to solve complex challenges. Creativity at the Bank is practical and purposeful. It enables us to design bold, future‑ready solutions that respond to changing needs and evolving goals.
-
Courageous
We are bold, brave, and respectful. We speak up and act with integrity, even when it is uncomfortable or uncertain. We own our decisions and see challenges as opportunities to learn and grow at the Bank.
-
Collaborative
We work across boundaries to drive collective impact. Being collaborative means co‑creating with openness, humility, and shared purpose with colleagues, stakeholders, and our customers.