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Insider UK
Insider UK
Business
Peter A Walker

£150m investment fund for Scotland prepares for summer launch

The British Business Bank is set to launch a £150m investment fund this summer, aimed at driving the growth of small and medium-sized businesses in Scotland.

The Investment Fund for Scotland is one of a series of nations and regions funds being launched by the state-owned economic development bank, aiming to deliver £1.6bn to smaller businesses across the UK.

The fund will offer a range of commercial finance options, with loans from £25,000 to £2m and equity investment of up to £5m.

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