20 June 2019

British Business Bank Start Up Loans Programme Lends £500m to UK Small Businesses

The British Business Bank’s Start Up Loans programme has lent £500 million to UK small businesses since it was set up in 2012, according to official figures published today. New data from the Government-backed scheme shows it has issued a total of 63,920 loans to fund small business across the UK, with the average loan […]

19 June 2019

Midlands Engine Investment Fund reaches £50million milestone

£50million has been injected into the region’s firms with the support of the Midlands Engine Investment Fund (MEIF). Revealed at the MEIF’s anniversary event last night (18 June), this latest milestone is the result of making over 150 investments in firms located across the Midlands and includes £19.02 million of private sector leverage. Now over […]

17 June 2019

Edward O’Hara takes up post of Chief Risk Officer at British Business Bank

As the UK government’s economic development bank, the Bank’s mission is to help drive economic growth by making finance markets work better for small businesses, enabling them to prosper and grow. A key part of the delivery of its objectives is the management of taxpayers’ money efficiently within a robust risk management framework. Edward joins […]

14 June 2019

UK Smaller Businesses Receive a Record £6.7bn Equity Finance Investment

The amount of equity invested in smaller UK businesses rose 5% to £6.7bn in 2018, the highest amount recorded, reveals British Business Bank’s annual Small Business Equity Tracker report, published today. View the 2019 Equity Tracker report 2019 Equity investment outside London increases The report, which provides an in-depth assessment of equity finance markets for […]