Equity investment in Scotland’s smaller businesses reached record levels in 2021, with Edinburgh named as the largest UK hub for deal activity outside of London.
The British Business Bank’s Small Business Equity Tracker found that £549m was invested in Scottish smaller businesses last year across 223 announced equity deals, with total investment up 74% compared to the previous 12 months.
Across the UK, deals were valued at £18.1bn in 2021, nearly double the total seen in 2020. However, the overall number of Scottish deals fell 19% from the previous year.