News

16 November 2017

HIDDEN BRITAIN: SURVEY REVEALS 98% OF PEOPLE UNDERESTIMATE THE SCALE OF SMALL BUSINESSES IN THE UK

British Business Bank launches ‘Small Wonders’ campaign Only 2% of respondents realise small businesses make up 99% of total UK businesses Four in five (81%) significantly underestimate the economic contribution small businesses make to the UK The British Business Bank has launched a campaign to highlight the contribution of small businesses – shining a light […]

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 […]

11 October 2017

Independent review shows Start Up Loans programme helping boost UK business start-up rates

The Start Up Loans programme, operated by the Start Up Loans Company a subsidiary of the British Business Bank, has been operating since 2012 and has delivered over 50,000 loans, providing more than £350m of funding to start-ups and early-stage businesses across the UK. Today’s review has produced the following three key findings: The Start […]

2 October 2017

British Business Bank announces Hitachi Capital (UK) accreditation as first partner under its new Enterprise Finance Guarantee (EFG) Asset Finance variant

Hitachi Capital (UK) is also the first provider to be accredited for the Bank’s Enterprise Finance Guarantee (EFG) programme since 2013. The EFG programme facilitates business loans to smaller businesses that are viable but unable to obtain finance from their lender due to having insufficient security or track record to meet the lender’s normal requirements. […]