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.