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Small Business Finance Markets Report 2022/23 – Factsheet
What is the Small Business Finance Markets Report? The British Business Bank’s annual Small Business Finance Markets Report is a comprehensive and impartial assessment of 2022/23 finance markets for smaller UK businesses. This is a summary of key findings and conclusions from the 2023 report. The […]
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British Patient Capital co-invests in cybersecurity platform CyberSmart
Press release
British Patient Capital co-invests in cybersecurity platform CyberSmart Press release 23 February 2023 British Patient Capital has invested £3m into CyberSmart, a cybersecurity platform for SMEs, as part of a £12.75m Series B round. British Patient Capital has participated alongside two of its fund […]
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Recovery Loan Scheme (iterations 1 & 2*) Performance Data as at 31 December 2022
21 February 2023 Scheme background The British Business Bank launched the new Recovery Loan Scheme (RLS) in April 2021, to support access to finance and growth for UK businesses as they steered a path towards a sustainable recovery following the Covid pandemic. This 1 st iteration of the scheme […]
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British Patient Capital invests £5 million in quantum computing innovator Quantum Motion
Press release
British Patient Capital invests £5 million in quantum computing innovator Quantum Motion Press release 21 February 2023 British Patient Capital has invested £5 million in Quantum Motion, a UK-based quantum computing start-up led by academics from UCL and Oxford University, as part of its Series B […]
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Over £4.3bn of Recovery Loan Scheme loans drawn by smaller UK businesses
Press release
Over £4.3bn of Recovery Loan Scheme loans drawn by smaller UK businesses Press release 21 February 2023 The British Business Bank announces today that smaller UK businesses have drawn down £4.33 billion through 20,100 facilities under the first two iterations of the Recovery Loan Scheme (RLS). ‘RLS […]
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Interim Evaluation of British Patient Capital published
Press release
Interim Evaluation of British Patient Capital published Press release 20 February 2023 Today, the British Business Bank has published an interim evaluation of British Patient Capital (BPC). The evaluation, delivered by SQW, finds that British Patient Capital has helped create up to 5,000 additional […]
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British Patient Capital Interim Evaluation report infographic
British Patient Capital is a driving force for innovation, economic growth and job creation behind scale up Britain £5.1bn economic benefits likely to be generated by BPC-backed firms by 2030/31 Up to 5,000 jobs created by BPC-backed funds, equivalent to 55% employment growth for BPC-backed firms […]
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British Patient Capital central to scale up Britain boosting company valuations, turnover, and employment by up to 5,000 jobs
Press release
British Patient Capital central to scale up Britain boosting company valuations, turnover, and employment by up to 5,000 jobs Press release 20 February 2023 British Patient Capital has helped create up to 5,000 additional jobs across the UK, driven company growth, and fueled innovation through its […]
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FAQs
Partners and Programmes
In this section: In this section: Closed for applications Closed on 31 March 2021. FAQs for Businesses Delivery Have banks/lenders agreed to use the scheme? The scheme will be delivered by lenders, many of whom are already accredited for CBILS and will be exempted from some or all of the […]
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Coronavirus Large Business Interruption Loan Scheme (CLBILS)
Partners and Programmes
In this section: In this section: Closed for applications Closed on 31 March 2021. The Coronavirus Large Business Interruption Loan Scheme (CLBILS) was designed to facilitate access to finance for medium-sized and larger businesses affected by the coronavirus outbreak. About the scheme The […]