Latest News

Latest News

Statement from the CEO with regards to the Coronavirus outbreak

Catherine Lewis La Torre, CEO, British Business Investments

20 March 2020: All of us have already been affected in some way by the spread of the Coronavirus and the Covid-19 outbreak. This is obviously a very challenging time and although the near-term outlook is uncertain, we remain committed to the continued delivery of our investment programme.

As I am sure you will appreciate, the health and wellbeing of all colleagues is our top priority. Therefore, following government advice, the British Business Investments team is now working from home. Future internal and external meetings will be conducted via video conference to comply with the government’s guidance on social distancing.

Fortunately, we have robust, tested and secure IT infrastructure in place and have enacted our Business Continuity Plan. All our team members are equipped with the hardware and software they need to fully carry out their roles remotely.

In short, we are very much open for business.

You will be aware that we have a large portfolio and multiple potential investments at different stages of development. We would therefore like to reassure all of our existing and potential partners of the following:

  • Portfolio partners – we are able to meet all drawdown requests and process any distributions in accordance with our agreements;
  • Partners in the fundraising process to which we have already committed capital as part of a first or subsequent closing – we will continue to support you in your fund raising and new investment activities;
  • Partners in the process of completing a fund closing but where we have not yet subscribed – we will move forward with the legal execution process in line with our previous commitments to you;
  • Partners where we have commenced due diligence and met with your team in person – we will continue the due diligence process holding virtual meetings only;
  • Partners at earlier stages of fund raising or where we have initiated contact recently – we will follow our usual processes, but without on-site visits or meetings at our offices. As a result the time periods to take proposals forward may be extended.

 

These issues will take time to resolve and both the economy and daily life will experience a period of interruption before returning to normality, nevertheless we have every confidence in our sector, and continue to support our fund managers and the wider UK economy.

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Our News

2020

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

2019

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

2018

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

2017

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

2016

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

2015

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

2014

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

2013

9th July 2013

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