Budget 2020: British Business Investments Response

Press release 11 March 2020

At today’s Budget, the Chancellor announced that the Government would be providing a further £400m to back businesses that are scaling-up.

£200m of this funding is being provided to enable the UK’s high growth businesses to take full advantage of new opportunities now that the UK has left the EU.

This continuation of the support provided in April 2019 will be deployed through our venture capital and growth finance funding partners, during 2020/21, to ensure that British firms can access more of the finance they need to grow. - Catherine Lewis La Torre CEO of British Business Investments