Smaller businesses are a vital part of the economy. They make up the overwhelming majority of businesses in the UK, employ millions of people and are responsible for almost half of private sector turnover. Their success helps to fuel UK productivity and economic growth.
British Business Investments, as a commercial subsidiary of the British Business Bank, is to increase the overall supply and diversity of finance – both product and provider – on offer to UK smaller businesses. We do this while providing value for money for UK taxpayers.
We do not finance small businesses directly, but instead work with the market to provide funding through our delivery partners. Our partners have investment programmes for a broad range of small and high growth businesses across sectors, regions and business stages.
Although we are Government-owned, we are managed independently. We have a clear mission, but with a high degree of flexibility to deliver our objectives, guided by our independent Board and investment committees. We design programmes and choose investments in response to needs and gaps in the market and continually look for new methods and partners to address the challenges small businesses face.
Through our investment programme, we’re not only increasing the supply of debt finance to smaller businesses, but making the available options more diverse too.
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