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Birmingham Post

Business

Hannah Baker

£200m South West growth fund to launch next year

South West British Business Bank

A £200m investment fund to support the growth of small-and-medium-sized businesses across the South West is on course to be launched in the first half of next year.

The South West Investment Fund from the British Business Bank is aimed at plugging a funding gap in the region and driving sustainable economic growth. It will offer a range of commercial finance options, with loans from £25,000 to £2m and equity investment up to £5m.

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

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