British Business Bank South West Investment Fund

British Business Bank Original Source
Award

£25,000 - £5,000,000

Deadline

No deadline

Location

South West England

Applicants

organization

About This Opportunity

The South West Investment Fund offers a range of commercial finance options with loans from £25,000 to £2 million and equity investment up to £5 million. The new fund covers the entire South West region including Bristol, Cornwall and the Isles of Scilly, Devon, Dorset, Gloucestershire, Somerset and Wiltshire. The fund aims to drive sustainable economic growth by supporting innovation and creating local opportunity for new and growing businesses across the South West. It is increasing the supply and diversity of early-stage finance for South West smaller businesses, providing funds to firms that might otherwise not receive investment and helping to break down barriers in access to finance. The new fund has embedded ESG awareness into its design and will help support the UK economy's transition to net zero. The fund provides three types of finance: Smaller Loans (£25k-£100k) to fill the funding gap for growth and development projects, Debt Finance (£100k-£2m) designed for smaller companies that can demonstrate growth potential, and Equity Finance up to £5 million for established businesses with ambitious plans or large start ups with high growth potential.

Who Can Apply

Region
South West England
Project in
United Kingdom
Applicants
organization
Organizations
for profit

Application Details

Stages

  1. 1 rolling

Review process

Applicants contact a regional fund manager to discuss their application further

Restrictions

  • geographic_restrictions