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 […]

27 March 2018

Aldermore accredited under the British Business Bank’s Enterprise Finance Guarentee Programme

Aldermore, the specialist bank, has become an accredited provider under the British Business Bank’s Enterprise Finance Guarantee (EFG) Programme. The accreditation will enable Aldermore to increase its supply of asset finance to smaller businesses that are working successfully but struggling to obtain the finance they need for future growth. The new offering will initially be […]

27 March 2018

British Business Bank agrees facility with 1pm to provide £35m of additional funding to smaller UK businesses

The facility, made under the British Business Bank’s ENABLE programme, will enable 1pm plc to significantly expand its asset finance lending to businesses across the UK smaller business sector, primarily for those seeking “hard asset” finance (equipment with robust residual values after a period of use) through 1pm Group’s subsidiary Bradgate Business Finance Ltd. Bernie […]

8 March 2018

Northern Powerhouse Investment Fund invests £31m in first year

Over 200 investments completed across 10 LEP areas Combined value of investments totalling £31 million An additional £32 million invested in local small businesses from the private sector The £400m Fund, which is supported by the European Regional Development Fund, HM Government and the European Investment Bank, was launched by the British Business Bank as […]

22 February 2018

Midlands Engine Investment Fund launches £100m SME equity fund

Secretary of State Sajid Javid announced the launch of three funds providing up to £100m of equity finance to redress a regional imbalance in SME funding options Launch is latest wave of £250m Midlands Engine Investment Fund The equity funds follow the £120m Debt and Small Business Loans Funds launched in August 2017 Builds on […]

1 December 2017

Episode 1 raises new £60m fund from British Business Bank’s Enterprise Capital Funds programme to invest in UK seed companies

Ex-Amazon UK CEO raises second early stage tech fund of £60m Fund is oversubscribed, and 60% bigger than Episode 1’s first fund Episode 1, the backer of successful companies like Carwow, Triptease & AimBrain, today announces the closure of its second UK seed-to-Series A fund, raised to help passionate teams turn innovative insight into scalable […]

9 November 2017

Northern Powerhouse Investment Fund announces 100th investment from £400m fund

The investment, facilitated by NPIF – Maven Equity Finance, an NPIF product fund managed by Maven Capital Partners (“Maven”), is a co-investment deal alongside Catapult Cheshire Life Sciences Fund. Established in 2012, Microbiosensor is a University of Manchester spin-out company which develops disposable point-of-care medical devices for the early diagnosis of microbial infection. The company’s […]

12 May 2017

News from our partners – Pentech announces £88m fund to invest in early stage software companies with global potential

Pentech, which has offices in Edinburgh and London, invests at series A and pre-series A. The Pentech team have a strong track record of working closely  with founders to support them building and developing their businesses. Pentech’s main area of interest is discovering where new disruptive technologies, such as Artificial Intelligence, Machine Learning, Big Data […]

11 April 2017

Money flowing to businesses from £400m Northern Powerhouse Investment Fund

The transactions, which are spread across the Northern Powerhouse region, include: Blake UK: NPIF – Enterprise Ventures Debt Finance, provided a £100,000 loan to Sheffield-based TV/AV reception and distribution products manufacturer/importer and supplier Blake UK. The funding will allow the company to diversify its product range into new lines such as CCTV equipment and increase stock […]