British Business Bank
The British Business Bank makes it easier for businesses with high growth ambitions to find the early-stage finance they require by investing in a range of equity funds focused on UK businesses and supporting high growth loans.
Scale Up Programmes include:
Venture Capital Solutions eg
• Angel Co Fund which makes equity investments alongside syndicates of Business Angels (high-net worth individuals) who invest in early-stage companies.
• Enterprise Capital funds where BBB invests up to £50 million in a fund, provided the private sector can raise at least £25 million.
• Venture Capital Catalyst Fund which invests in commercially viable venture capital funds that might otherwise fail to reach a satisfactory “first close” – the point at which a fund has raised enough money to begin making investments in businesses.
Help to Grow which will help smaller businesses that are displaying high growth potential but are struggling to raise sufficient senior debt with loans that will have mezzanine style features to fund their growth opportunities.
The Scale Up programme gives access to investors who can help to fund growth programmes. Businesses looking for general working capital or debt capital to expand may wish to consider some of the STAY AHEAD partners listed on the website.
As well as British Business Bank partners, there are many other alternatives in the market – the website gives a link to a Business Finance Guide to allow you to explore these option
If you are looking for funding to help you expand, go to the BBA website and click the Stay Ahead link.
Free of charge