Our activities in 2023 are expected to create 39,400 additional jobs over the life of the finance 💼 Read our Impact Report to find out more about the expected impact of our programmes on businesses funded in 2023: https://lnkd.in/dAM6XYzK
British Business Bank
Financial Services
Sheffield, South Yorkshire 41,627 followers
Government-owned business development bank dedicated to making finance markets work better for smaller businesses
About us
The British Business Bank is the UK's economic development bank. Our mission is to drive sustainable growth and prosperity across the UK, and to enable the transition to a net zero economy, by supporting access to finance for smaller businesses. We design, deliver and manage finance programmes for the UK government to increase the supply of finance to smaller businesses. We do not lend directly but work with over 200 delivery partners to address existing gaps in the market. Our programmes were supporting more than 90,000 companies with more than £12.4bn of finance at the end of March 2023. The British Business Bank is not authorised or regulated by the Prudential Regulation Authority (PRA) or the Financial Conduct Authority (FCA).
- Website
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http://www.british-business-bank.co.uk
External link for British Business Bank
- Industry
- Financial Services
- Company size
- 201-500 employees
- Headquarters
- Sheffield, South Yorkshire
- Type
- Government Agency
- Founded
- 2014
Locations
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Primary
Get directions
Steel City House
West Street
Sheffield, South Yorkshire S1 2GQ, GB
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Get directions
8 Salisbury Square
London, England EC4Y 8AP, GB
Employees at British Business Bank
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Barbara Anderson
Winner Private Equity / Private Cos. Sunday Times Non Executive Director Awards 23-24; Chair at EST and BSC2 VCT, SID & Chair of ARC at SmartDCC, NED…
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Alison Fletcher
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Susan Elliott
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Richard Cole, CDMP
Data Architect at British Business Bank | Certified Data Management Professional (DAMA CDMP Associate) | Passionate about Solving Data Challenges &…
Updates
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Your business might be eligible for a facility under the Growth Guarantee scheme if: ✅ it’s UK-based ✅ it’s not in difficulty ✅ your turnover is no more than £45m Read the full eligibility criteria here: https://bit.ly/3WZEn6O
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#ICYMI: Our first Impact Report shows we supported 23,000 smaller businesses with £3.5bn funding in 2023, unlocking an additional £2.5bn private capital across the UK’s Nations and regions. Download the report here: https://bit.ly/4fzcIRm
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"We want to increase the amount of money available to companies, so they grow a lot faster." Our CEO Louis Taylor sat down with FT Adviser to discuss our plans to use pension money to support British early stage companies and drive returns for UK pension funds.
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📈 British Patient Capital provided innovative businesses with access to the right scale up capital during the 2023/24 financial year. Read our annual report for more 👉 https://bit.ly/4d9ADoY
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🦄 Our Start Up Loans Company programme has its first unicorn Castore, valued at US$1bn+ after starting with a £40k loan. Read our annual report to find out more about our impact 👉 https://bit.ly/3YLh2qO
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Our programmes are helping to support the move to a modern, green economy. Read more about our impact in 2023: https://bit.ly/4fHPgBs
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📊 We continued to support diversity in the smaller business finance market, with most of our finance delivered outside the Big 5 banks. Read our Annual Report and Accounts 2024 to find out more about our impact: http://bit.ly/4d9ADoY
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💬 The Bank has performed above expectations in difficult economic conditions, says our CEO Louis Taylor. Read our Annual Report and Accounts 2024: http://bit.ly/4d9ADoY
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📣 Out today, the British Business Bank’s first Impact Report shows we supported 23,000 smaller businesses with £3.5bn funding in 2023, unlocking an additional £2.5bn private capital across the UK’s Nations and regions. The expected impact over the life of the finance includes: 💼 39,400 additional jobs 💷 £19.8bn of additional business turnover Download it here for full insights: https://lnkd.in/dAM6XYzK