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Birmingham Post
Birmingham Post
Business
Andrew Arthur

Equity investment in South West surges to £360m, British Business Bank report finds

The South West saw a surge in equity investment last year while the region is attracting a growing number of venture capitalists, a report has found.

Equity investment in smaller businesses increased by 145% to £360m in the first three quarters of 2021, according to figures published by the British Business Bank.

The state-owned development bank said with one quarter still to go, the rise meant the equivalent total of £185m seen across the whole of 2020 had already been surpassed.

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