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The British Business Bank is expanding its geographically-focused initiatives and will be committing £2.6bn of capital to to support entrepreneurs wherever and whoever they are to access capital, driving the growth of smaller businesses across the UK’s Nations and regions, including high-growth innovation clusters across the country.
Of this increase, £350m has been allocated to two new Nations and Regions Investment Funds in the East of England and South East, expanding targeted finance to every UK Nation and region outside London.
The East of England Investment Fund designed to support the growth of small and medium-sized businesses in the East of England is on course to be launched in summer 2026.
The East of England Investment Fund will offer a range of commercial finance options with loans from £25,000 to £2m and equity investment of up to £5m. The fund will address regional finance gaps outside traditional hotspots by bringing targeted equity and debt finance to growing businesses and supporting innovation clusters.
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