Small Business Equity Tracker 2021

Our Small Business Equity Tracker 2021 report provides an in-depth assessment of equity finance for smaller businesses. It is intended not only to inform the development of the Bank’s own strategy, but also to inform wider developments in both the market and government policy.

This year, the seventh edition of the report, consists of four chapters covering:

1. Summary of activity in 2020 and Covid-19’s impact, as well as a headline summary of deal and investment activity in Q1 2021.
2. Deep dive into deep tech and R&D-intensive sectors in relation to the wider UK VC ecosystem, making comparisons to the US and Rest of Europe.
3. The current environment for exits for equity backed companies with commentary on recent developments such as the emergence of SPACs and Government reviews on public markets for innovative companies.
4. An overview of equity deals made by British Business Bank supported equity funds in 2020, including deals made by the Future Fund, with comparisons made by stage, sector, region and gender composition compared to the wider equity market.