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 […]

10 May 2018

Northern Powerhouse Investment Fund celebrates strong start to the year with £50m milestone

The Northern Powerhouse Investment Fund (NPIF) has invested more than £50m across the Northern Powerhouse region, supporting over 260 small and medium growing companies. The significant achievement was announced by Ken Cooper, Managing Director, Venture Solutions at the British Business Bank as he spoke to investee businesses, key stakeholders, partners and fund managers at NPIF’s […]

4 May 2018

British Business Bank takes on expanded role with two new objectives

Since November 2014, when the Bank was formed, it has consistently delivered against its four key objectives: To increase the supply of finance to smaller businesses where markets don’t work well. To help create a more diverse finance market for smaller businesses, with greater choice of options and provider. To promote better information in the […]