British Business Bank

The British Business Bank (BBB) reported a £135 million post-tax loss in its latest financial year, predominantly due to a dip in tech company valuations. The bank experienced a £146m loss on its investment portfolio in the year to March, contrasted with a £619m gain in the precedi

Delivering over 105,000 loans, the British Business Bank's Start Up Loans programme has passed a significant milestone having disbursed more than £1 billion in loans. Scotland has seen a substantial slice of this pie, with more than £62 million funded across almost 7,000 loans since 2012

Susan Nightingale discusses the gender disparity in funding for entrepreneurs in Scotland and outlines various initiatives and strategies aimed at closing this gap, including the role of female angel investors and partnerships with organisations like Mint Ventures. Equality, diversity and inclusion

British Business Investments has committed £30m to the Panoramic SME III fund as part of a final close of £100m, allowing Glasgow-based Panoramic to fund growth opportunities and management transitions for smaller businesses across the UK. Panoramic is an established fund manager that in

Glasgow-based integrated drug formulation and clinical trials specialist BDD has secured a fresh £2 million investment to fuel its expansion, responding to a surge in demand for its proprietary drug delivery technology and its niche clinical trial services. This funding initiative was led by p

Aberdeen's local enterprises have benefitted from over £2 million in funding distributed via the British Business Bank’s Start Up Loans programme. Since the scheme's introduction in 2012, the Granite City has seen a total of 189 loans disbursed, with each business securing an average of

Edinburgh-based life science firm Cytomos has successfully raised £4 million in a recent investment round for the development and market-testing of its Cytomos Dielectric Spectroscopy (CDS) technology. Archangels led this funding initiative with participation from notable investors such as Old

International whisky enthusiasts will soon be able to have a taste of some of the world’s rarest and most sought-after spirits, after the entrepreneur behind Dramtubes – a Milngavie-based whisky tasting business – secured funding for growth. Dramtubes aims to make highly desirable

Scottish business angel syndicate Archangels has secured a £12 million co-investment agreement with British Business Investments through its Regional Angels Programme. The deal is set to empower the Edinburgh-based syndicate, which specialises in early-stage Scottish life sciences and technolo

The British Business Bank is working with Mint Ventures – Scotland’s women-led angel investment syndicate – to improve access to finance for female business owners and to grow the pool of women angel investors. With support from the Bank, Mint Ventures is raising awareness of the o

Lockerbie-based entrepreneurs, Rebecca and Scott Masterton, are diversifying their floriculture business, The Pretty Wild Flower Co, into the tourism sector. The move follows their recent receipt of a £20,000 loan through the British Business Bank's Start Up Loans programme via Transmit Startu

Meander Apparel – a sustainable outdoor clothing and lifestyle brand with its flagship stores in Stockbridge, Edinburgh and Seven Dials, London – has secured funding from the British Business Bank as it gears up for the launch of its crowdfunding campaign later this month. Co-founders Ji

Smaller firms in Scotland saw record levels of equity investment in 2022, despite difficult economic conditions, according to new research from the British Business Bank. The Bank’s annual Small Business Equity Tracker, published today, showed that equity deals involving small businesses total

A former Edinburgh solicitor, Paul Cannavan, left behind his career in the courts to start a new hospitality venture, The Dell at Glenlivet, in the scenic region of Speyside.

Scottish seaweed supplement manufacturer, Doctor Seaweed, has announced plans for global expansion after attracting interest from major retailers in Europe and North America. The company, known for its sustainably harvested seaweed products, is already sold in the UK through retailers like Boots, QV