South West Investment Fund

Small and medium-sized business in the South West of England are set to benefit from a new £200million investment fund which is being launched next year.

The fund is the first in a series of new Nations and Regions Investment Funds being launched by the British Business Bank. The purpose is to drive sustainable economic growth by supporting innovation and creating local opportunity for new and growing businesses across the UK, whatever the economic conditions, with an inclusive approach to all eligible sectors.

The South West Investment Fund will offer a range of commercial finance options with loans from £25,000 to £2million and equity investment up to £5million.

The new fund will cover the entire South West region including Bristol, Cornwall and the Isles of Scilly, Devon, Dorset, Gloucestershire, Somerset and Wiltshire.

It aims to tackle an identified funding gap across the South West and increase the supply and diversity of early-stage finance for smaller businesses.

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The British Business Bank is launching a new investment fund for SMEs in the South West of England.

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