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Finance Business Bank seals 150th deal in the region
Bristol Post
|June 25, 2025
More South West firms plan to use Al over the coming year
THE British Business Bank's South West Investment Fund has hit the 150-deal milestone - and the bank says it has driven £66m of investment into the region.
Meanwhile the fund has also announced investments in a Devon medical tech business and in a Somerset social enterprise that supports neurodiverse people.
The £200m fund was launched in 2023 to offer new financing options to early-stage smaller businesses across the South West. It offers loans from £25,000 up to equity investment of £5m.
The government-backed British Business Bank says the fund has delivered £33.3m of direct investment that has leveraged a further £32.4m from the private sector via 150 deals. In total 135 businesses have received funding, as some have received more than one round of investment.
Some 26 businesses have received £18.4m of equity finance, while 25 businesses have received debt finance totalling £9.6m. Smaller loans, worth a total of £5.4m, have been made to 84 companies.
This story is from the June 25, 2025 edition of Bristol Post.
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