The British Business Bank has today (July 6) launched the £200m South West Investment Fund.
The new SWIF will provide funding to small and medium sized businesses across the whole of the South West region, covering Bristol, Cornwall and the Isles of Scilly, Devon, Dorset, Gloucestershire, Somerset and Wiltshire.
The bank believes that this funding, which is part of £1.6bn supplied to the bank from the government, will increase the supply and diversity of early-stage finance for new and growing smaller businesses for various purposes, such as expansion, product or service innovation and new processes, skills or capital equipment.
