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Our Impact Report, published for the first time this year, sets out the impact of the British Business Bank’s activity on smaller businesses across the UK’s Nations and regions.
The Bank identifies clear market gaps in the provision of small business finance and brings expertise and capital to the market to remedy them. That capital is funded by the taxpayer. It is imperative that we understand the impact our activity is having and that we use that insight to deploy our resources where they can make the biggest impact in future.
In Spring 2023, the Bank reformed the way it delivers on its mission with four new strategic objectives:
Driving sustainable growth
by ensuring smaller businesses can access the right type of finance they need to start, survive and grow
Unlocking potential
by ensuring innovative businesses can access the right capital to start and scale
Backing innovation
by ensuring entrepreneurs can access the finance they need regardless of where and who they are
Building the modern, green economy
by financing groundbreaking solutions to climate change and helping smaller businesses transition to net zero so they thrive in a green future
And how we do it - our values
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Committed
We are passionate about fulfilling our mission to make finance markets work better for smaller businesses, whilst delivering commercial and socially responsible outcomes.
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Collaborative
We support, respect and encourage each other as colleagues and work in true partnership with our stakeholders.
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Creative
We question the status quo, challenge ourselves, and strive to find new ways to deliver in an ever-changing world.