News

6 July 2018

British Business Bank announces new £300m ENABLE guarantee for Barclays to boost UK smaller business investment

The British Business Bank has today announced a new £300m ENABLE guarantee to help Barclays Bank increase their provision of flexible asset finance to smaller businesses looking to invest in vehicles, equipment, plant and machinery. The British Business Bank’s ENABLE Guarantee programme helps banks to increase their lending to smaller businesses by reducing the amount […]

28 June 2018

£40m investment fund launched for Cornwall and Isles of Scilly SMEs

The fund has been established in partnership with the Cornwall and Isles of Scilly Local Enterprise Partnership (LEP), the European Regional Development Fund (ERDF) and UK Government to provide local businesses with more funding options to help them grow and create jobs. CIOSIF has been designed following input from local business groups, funders, business advisers […]

19 June 2018

New UK Business Angel Market report published by the British Business Bank reveals clear regional disparity with 57% of Business Angels based in London and the South East

43% of Business Angel investments made in London and the South East 75% of business Angels aged over 45 and 21% aged over 65 Healthcare, Life Sciences, Fintech and Software as a Service most popular sectors for investment The survey found that 57% of business Angels are based in London and the South East, with […]

14 June 2018

CALVERTON FINANCE ACCREDITED UNDER THE BRITISH BUSINESS BANK’S ENTERPRISE FINANCE GUARANTEE SCHEME

The British Business Bank’s Enterprise Finance Guarantee (EFG) Programme facilitates business finance to smaller businesses that are viable but unable to obtain finance from their lender due to having insufficient security to meet the lender’s normal credit requirements. The EFG programme provides lenders such as Calverton with a government-backed guarantee of 75% of the outstanding […]

13 June 2018

£2.5bn British Patient Capital Programme launched to enable long-term investment in innovative companies across the UK

British Patient Capital fulfils the Chancellor’s 2017 Autumn Budget commitment and one of the outcomes of the Patient Capital Review British Patient Capital will support UK businesses with high growth potential to access the long-term financing that will enable them to grow into world-class businesses Investing alongside the private sector, British Patient Capital will support […]

23 May 2018

British Business Bank, Diversity VC and BVCA announce new initiative to examine diversity in Venture Capital industry

Ten VC firms so far signed up to provide anonymous data Project follows recommendation from last year’s Patient Capital Review Initiative will report in Autumn 2018 The British Business Bank – the UK’s economic development bank – Diversity VC, a non-profit organisation focused on increasing representation in venture capital and the British Private Equity and […]

22 May 2018

British Business Bank agrees £100m ENABLE Guarantee with specialist business lender Cambridge & Counties Bank

The Guarantee will allow the Leicester-based Bank, which is jointly owned by Trinity Hall, a college of the University of Cambridge, and the Cambridgeshire Local Government Pension Fund, to offer significantly more funding to smaller businesses. The ENABLE Guarantee programme is a UK government-backed portfolio guarantee which is designed to encourage additional lending to smaller […]