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16th September 2021

British Business Investments announces new £15m commitment to Liberty Leasing

10th August 2021

Praetura Ventures secures £15m commitment from British Business Investments through the Regional Angels Programme

16th June 2021

Isomer Capital announces first close of new €100m opportunities fund

3rd June 2021

British Business Investments announces new £50m commitment to Apera Asset Management

27th May 2021

Deepbridge secures £15m commitment from British Business Investments

24th March 2021

British Business Investments announces new £10m commitment to Co-Fund NI through Regional Angels Programme

16th March 2021

MML Ireland Announces Close of €135 Million Private Equity Fund Raised for Investment in Irish SMEs

27th January 2021

British Business Investments announces new £10m commitment to Syndicate Room

19th January 2021

British Business Investments commits €40m to Claret Fund III at first close

22nd December 2020

Liberis adds £70m funding and venture debt to grow embedded business finance platform and help SMEs weather the COVID storm

11th December 2020

British Business Investments announces new £25m commitment to Haydock Finance

26th November 2020

Newable Ventures and Bristol Private Equity Club secure £10m commitment from British Business Investments

11th November 2020

British Business Investments – Full year results for the period ending 31 March 2020

11th November 2020

British Business Investments – Annual Report 2020

10th November 2020

British Business Investments announces new £15m commitment to Compass Business Finance

5th November 2020

British Business Investments announces new £30 million commitment to back UK SMEs through Funding Circle’s UK SME Direct Lending Fund

28th October 2020

FDC launches new £100 million debt fund with investment from the West Midlands Pension Fund and British Business Investments

28th October 2020

Assetz Capital secures additional £25m from British Business Investments

27th October 2020

British Business Investments appoints Adam Kelly as new Managing Director

17th September 2020

British Business Investments announces £30m Tier 2 investment in Shawbrook Bank as part of a £75 million capital raise

3rd September 2020

British Business Investments announces a commitment of up to €75m to new Isomer Capital fund of funds, aimed at early stage venture capital managers

18th August 2020

British Business Bank appoints CEO on an interim basis of commercial subsidiaries British Business Investments and British Patient Capital, along with new Chairs

9th July 2020

British Business Investments announces a commitment of up to €120m to LGT Capital Partners funds

10th June 2020

British Business Investments CEO appointed Interim CEO, British Business Bank

4th June 2020

British Business Investments commits up to £40m to Columbia Lake Partners UK LLP’s second fund

13th May 2020

British Business Investments commits £35m to Harwood Private Capital UK LP (“HPC UK SME Fund”)

23rd April 2020

British Business Investments commits £10m to Startup Funding Club

17th April 2020

British Business Investments and Par Equity to deliver £75m of investment to support ambitious entrepreneurs in the regions

20th March 2020

Statement from the CEO with regards to the Coronavirus outbreak

13th March 2020

Assetz Capital secures £15m British Business Investments funding to help boost UK housebuilding

11th March 2020

Budget 2020: British Business Investments Response

4th February 2020

British Business Investments commits £50m to fund targeting North and Midlands based businesses

27th December 2019

Keith Morgan, Chair, British Business Investments, awarded CBE for services to small business finance

17th December 2019

British Business Investments commits up to £100m to Hermes GPE in second cornerstone commitment through its Managed Funds Programme

30th October 2019

British Business Investments makes £15m Tier 2 capital facility available to PCF Bank

16th October 2019

British Business Investments – Full year results for the period ending 31 March 2019

16th October 2019

British Business Investments Annual Report 2019

19th September 2019

British Business Investments provides £25m funding line to North West asset finance provider Kingsway

12th September 2019

British Business Investments commits £10m to Dow Schofield Watts Angels as first partner in Regional Angels Programme

4th September 2019

British Business Investments commits up to €100m to Top Tier Capital Partners’ first vehicle dedicated to European Venture Capital

15th May 2019

British Business Investments commits €27m to Bootstrap Europe II

2nd May 2019

British Business Investments commits £50m to BOOST&Co’s Second Fund

6th March 2019

Beechbrook Capital’s second UK SME Credit Fund reaches first close at £128m and completes first two investments

18th February 2019

British Business Investments commits £20m to ThinCats to provide more debt finance to UK businesses

29th October 2018

Autumn Budget 2018

23rd October 2018

British Business Investments – Full year results for the period ending 31 March 2018

23rd October 2018

British Business Investments Annual Report 2018

2nd October 2018

British Business Investments makes £25m Tier 2 investment in Secure Trust Bank PLC

1st October 2018

British Business Investments launches new £100m programme to support regional angel investment 

1st October 2018

Catherine Lewis La Torre appointed CEO of British Business Bank’s commercial patient capital activities

27th June 2018

British Business Investments commits £31.15m to IQ Capital Fund III to support deep tech companies

16th May 2018

British Business Investments provides £12m to asset finance specialist Universal Leasing Ltd

15th May 2018

British Business Investments launches new £500m programme to increase access to patient capital   

3rd May 2018

Growth Capital firm Oxx announces first close of debut fund with commitment from British Business Investments

17th April 2018

British Business Investments commits to Dawn Capital’s new venture capital fund

11th April 2018

British Business Investments provides new finance facility to Liberis

28th February 2018

British Business Investment commits £20m to new venture capital model from Kindred Capital

6th February 2018

British Business Investments commits to a £30m boost for smaller businesses

22nd December 2017

British Business Investment’s latest commitment boosts regional finance options for UK smaller businesses

11th December 2017

British Business Investments commits £30 million at the first close of Shard Credit Partners first direct lending fund

4th December 2017

British Business Investments and IGF to increase SME funding with new cash injection

30th November 2017

British Business Investments commits £15m to Balderton’s new $375m fund

24th November 2017

Budget 2017

23rd November 2017

News from our partners – Seedcamp celebrates 10 year anniversary with £41M first close seed fund to invest in next generation of European entrepreneurs

16th November 2017

British Business Investments commits £20m to £100m FPE Capital fund

16th November 2017

Catherine Lewis La Torre at this year’s BVCA Summit

21st September 2017

British Business Investments – Full Year Results for the Period Ending 31 March 2017

21st September 2017

View our Annual Report for 2016-17

3rd August 2017

British Business Bank Investments Ltd commits €40 million in first closing for Harbert European Growth Capital Fund II.

10th July 2017

GCP caps a successful year with a £40m investment from British Business Bank Investments Ltd to complete the final close of Fund IV at £205m

29th June 2017

BOOST&Co Limited secures additional £20m commitment from British Business Bank Investments Ltd for its Industrial Lending 1 fund  

21st June 2017

Atom bank secures £30m Tier 2 capital facility from British Business Bank Investments Ltd

21st April 2017

British Business Bank Investments Ltd provides £6.6m of funding to Shire Leasing to boost asset finance for smaller businesses

2nd February 2017

Beechbrook Capital closes £150m UK SME Credit I and backs two more businesses

18th January 2017

British Business Bank Investments Ltd makes £400m from Autumn Statement available to venture capital funds

5th January 2017

British Business Bank expands partnership with Funding Circle

8th November 2016

British Business Bank Investments Ltd announces £10m commitment to new £260m technology fund

20th September 2016

British Business Bank Investments Ltd – Full Year results for the period end 31 March 2016

20th September 2016

View our Annual Report for FY2015-16

13th September 2016

British Business Bank Investments Ltd commits £18m to northwest-based asset finance provider, enabling a £36m boost to smaller business growth

3rd August 2016

British Business Bank Investments Ltd partner Beechbrook Capital holds first close on latest private debt fund

20th July 2016

British Business Bank Investments Ltd provides £16.5m line to Northwest asset finance provider Kingsway under new expansion capital initiative

16th June 2016

British Business Bank Investments Ltd names Catherine Lewis La Torre as Chief Executive Officer

17th May 2016

British Business Bank Investments Ltd invests in Frog Capital II

14th April 2016

British Business Bank Investments Ltd invests £30 million in first close of CORDET Direct Lending fund

31st March 2016

British Business Bank Investments Ltd invests in Atlantic Bridge III, a new €140 million fund for Technology companies

22nd March 2016

British Business Bank Investments Limited partners with Liberis to support funding for smaller UK businesses

10th March 2016

British Business Bank Investments Limited publishes half year results for the six months ended 30 Sept 2015

22nd February 2016

View our annual report for FY 2014-2015

19th February 2016

British Business Bank Investments agrees £25m facility with Haydock Finance

19th January 2016

British Business Bank Investments Ltd invests in new UK Private Debt Fund from Muzinich & Co

19th January 2016

British Business Bank Investments Ltd – Annual Results and publication of 2015 Annual Report and Accounts

4th January 2016

British Business Bank Investments Ltd-supported Beechbrook Capital’s inaugural UK SME Credit Fund holds first close at more than £100m

29th October 2015

British Business Bank’s commercial arm supports UK SMEs with investment in Shawbrook Bank

17th September 2015

British Business Bank’s VC Catalyst Fund invests in Nauta

27th March 2015

British Business Bank Investments Limited makes €6m clean technology investment

2nd February 2015

British Business Bank Investments backs Northwest asset finance provider with £5m investment, introduces new expansion capital initiative

31st October 2014

£80 million boost for leasing finance as British Business Bank focuses on alternative lending for smaller businesses

24th September 2014

British Business Bank partner BMS Finance provides debt finance to Whittle, one of the UK’s leading commercial painting contractors

2nd September 2014

British Business Bank boosts European Capital UK SME fund to £100m to help provide debt finance to UK’s smaller businesses

6th August 2014

Making Britain the global centre of financial innovation – £100m extra for British Business Bank Investment Programme

25th February 2014

New £40m investment by British Business Bank to support £450m of lending to smaller businesses

9th July 2013

Dawn Capital raises new fund with help from British Business Bank’s VC Catalyst fund

Making Britain the global centre of financial innovation – £100m extra for British Business Bank Investment Programme

The Chancellor today announced a series of measures to support the growth of the country’s emerging FinTech sector and encourage innovation in finance, including supporting alternative finance providers and exploring the potential of virtual currencies and digital money.

Re-stating the government’s commitment to cement Britain’s position as the centre of global finance, the Chancellor declared his intention to make Britain the global centre of financial innovation, benefiting consumers and businesses.

One of the steps the government will take is to start a programme of work looking into how virtual and digital currencies could or should be regulated in Britain. The government will look at the potential virtual and digital currencies have for achieving positive change and for encouraging innovation in our world leading financial sector, as well as the potential risks.

The Chancellor also confirmed that the government will also encourage the growth of alternative finance providers, which are a major part of the FinTech sector, by introducing legislation to help small and medium-sized businesses access alternative sources of finance if they are turned down for finance by their bank.

Under the new rules, banks that reject SMEs for finance will be required to ask these firms whether they want their information to be shared with designated online platforms that can match firms with challenger banks and alternative lenders, including FinTech lenders such as crowd-funders, peer-to-peer lenders and invoice financiers.

Britain’s alternative finance market is growing fast, with one estimate that it expanded by 91 per cent in 2013, to almost £1bn. The market is expected to be worth £1.6bn in 2014.

Other measures that were announced today include:

  • A consultation on a new strategy for Britain’s digital communications infrastructure, to ensure we remain a world class digital nation and are equipped to harness the emergence of new sectors like FinTech. The consultation seeks views on the likely demand for digital communications and technology from business, consumers and public bodies, and what infrastructure will be needed to meet this demand.
  • A major new review examining how the technology that serves the financial sector will evolve in the future, to be lead by the Government Office for Science. Industry and academic experts will look at the technologies, enablers and barriers that will shape the future of the FinTech sector up to 2025, and the policy implications for the government.
  • A £100 million extension of the British Business Bank’s successful Investment Programme, which addresses long-standing gaps in the finance market for smaller businesses and promotes a greater choice in their supply of lending, including in the FinTech sector. The British Business Bank has already committed over £100m to FinTech firms through the complete range of its programmes.
  • A proposal for a range of new awards and prizes to promote the development of innovative finance solutions that help small businesses access finance, co-sponsored by the British Business Bank and Innovate Finance. The prizes will be offered to participants who are best able to provide solutions to meet either a particular challenge or problem that has been set.
  • A significant new push by UK Trade & Investment (UKTI) in overseas markets to promote Britain as the best place in the world to set up and develop a FinTech firm, and attract inward investment to the sector. This will be backed up by a programme of trade missions to key markets to help UK-based FinTech companies seize global growth opportunities.

Chancellor George Osborne said:

“Key to the government’s long term economic plan is cementing Britain’s position as the centre of global finance.

It’s only by harnessing innovations in finance, alongside our existing world class knowledge and skills in financial services, that we’ll ensure Britain’s financial sector continues to meet the diverse needs of businesses and consumers here and around the globe, and create the jobs and growth we all want to see in the future.

That’s why I’m delighted to announce a series of major steps today to help our FinTech firms continue to grow and succeed.”

Business Secretary, Vince Cable said:

“Forcing banks to refer businesses to alternative lenders is something I’ve been determined to make happen. It’s good that more SMEs are making use of alternative finance but the big banks still dominate and small businesses often give up if they’re turned down for finance by their bank.

“The UK needs a diverse and competitive business finance market like Germany and the US if our SMEs are to thrive, and that is why the Business Bank is so important. Money is already reaching small businesses, but my ambition for the Business Bank is to radically alter the overall market landscape.”

The government will publish a strategy document later this year setting out in detail how we intend to make the UK the global centre of financial innovation.



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