The Wine Hall, a Perth-based e-commerce platform specialising in rare wines, has broadened its product range and begun targeting new markets following funding from the Start Up Loans programme. Founded in 2022 by 51-year-old Vanessa Tortella, a sommelier from Italy, The Wine Hall sells a range of ra
British Business Bank
Equity investment in Scotland’s smaller businesses nearly halved last year but was still ahead of the UK average and on track to record the third highest annual figure in the last decade, according to new research from the British Business Bank. The Bank’s Small Business Finance Markets
Kedras Clinics, a neurotechnology-focused wellbeing therapy provider, has successfully secured a £50,000 loan from the British Business Bank's Investment Fund for Scotland, Smaller Loans fund. Delivered through DSL Business Finance, the loan has empowered Kedras Clinics to open a second locati
The British Business Bank has made its first major deal from the £150 million Investment Fund for Scotland, with a £750,000 equity investment, through appointed fund managers Maven Capital Partners into medical technology business Carcinotech. Edinburgh-based Carcinotech has raised &poun
Edinburgh-based fashion designer Eilidh Gibson, a Glasgow School of Art graduate, has successfully launched her first collection, Party Pants, following a significant financial boost from the Start Up Loans programme.
Massimo Panarella, the entrepreneur behind Kirkcaldy-based Don Basilico, has successfully garnered a £25,000 loan to purchase a new food truck, enhancing his authentic Italian pizza offering in Fife.
Advanced space camera technology firm Metahelios has been named as one of the 12 new ambassadors for the Start Up Loans programme, an initiative of the British Business Bank. The programme has delivered more than £63 million of loans to 6,900 Scottish start-ups, at an average value of £9
Edinburgh and its surrounding area has emerged as the UK’s top innovation-led cluster for equity deals outside of the ‘Golden Triangle’ of Greater London, Oxford, and Cambridge, according to a new report launched today by the British Business Bank. The Bank’s Nations and Regi
The British Business Bank has unveiled its new £150 million Investment Fund for Scotland, unlocking additional funding to help smaller businesses to prosper and thrive.
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