Smaller firms in Scotland saw record levels of equity investment in 2022, despite difficult economic conditions.
The British Business Bank’s annual Small Business Equity Tracker showed that equity deals involving small businesses totalled £762m last year, up 37% on the previous year’s record of £557m.
While the overall value of investment activity rose, the number of announced equity deals fell by 22% against the previous 12 months to 190, suggesting a continued trend for higher value deals.
