News

13 March 2024

Investment Fund for Northern Ireland Roadshows hailed a great success

£70million Investment Fund for Northern Ireland (IFNI) will be split between debt and equity support for smaller businesses IFNI will tackle an identified funding gap throughout Northern Ireland Roadshow events reveal access to finance appetite among smaller businesses Several IFNI deals already in the pipeline The £70million investment fund launched last November with the aim […]

6 March 2024

British Business Bank Spring Budget Response

The Long-Term Investment for Technology and Science (LIFTS) initiative  The LIFTS initiative will aim to create two new investment vehicles that are accessible to pension fund capital, unlocking over £1bn of total private capital, including from Defined Contribution (DC) pension schemes, to support innovative companies in the UK. Schroders Capital, Schroders’ specialist private markets investment […]

29 February 2024

Launch of Midlands Engine Investment Fund II provides £400m boost for small businesses

The Midlands Engine Investment Fund II will deliver a £400m commitment of new funding for smaller businesses The fund will build on the success of the first Midlands Engine Investment Fund and support access to early-stage finance 739 smaller business have already been supported by the Midlands Engine Investment Fund, creating over 4,000 jobs in […]

31 January 2024

Y Gronfa Buddsoddi i Gymru’n cyhoeddi ei gytundeb mawr cyntaf

English Language Version of this content Mae Banc Busnes Prydain wedi cyhoeddi ei gytundeb ecwiti mawr cyntaf o’r Gronfa Buddsoddi i Gymru gwerth £130m, gyda buddsoddiad o £650,000 o’r gronfa Cyllid Ecwiti, sy’n cael ei reoli gan Foresight Group (“Foresight”) y rheolwyr cronfa a benodwyd i reoli’r gronfa, yn y cwmni teithio ‘antur caled’ EverTrek. […]

31 January 2024

Investment Fund for Wales announces its first major deal

Cymraeg The British Business Bank announces its first major equity deal from the £130m Investment Fund for Wales, with a £650,000 investment from the Equity Finance fund, managed by appointed fund managers Foresight Group (“Foresight”), into ‘hard adventure’ travel firm, EverTrek. The deal includes co-funding of £650,000 which Foresight has provided using the Midlands Engine […]

29 January 2024

Investment Fund for Scotland announces first major deal

The British Business Bank has today announced its first major deal from the £150m Investment Fund for Scotland, with a £750,000 equity investment, through appointed fund Managers Maven Capital Partners into medical technology business Carcinotech. Edinburgh-based Carcinotech has raised £4.2 million as part of its latest funding round and has plans to expand into the […]

9 January 2024

British Business Bank agrees £21.25m increase to ENABLE Funding facility with Tower Leasing to boost asset finance for smaller businesses

The original £25.5m facility was agreed in December 2017, which allowed Tower Leasing to provide additional asset finance to smaller businesses looking to acquire business critical assets to boost their growth. This new facility size of £46.75m will allow Tower Leasing to support a strong origination pipeline built upon long-standing relationships with equipment vendors/resellers and […]