The Telegraph reports on establishment of BGF
As Sir Nigel Rudd launches BGF, the Daily Telegraph’s Andrew Cave meets with Sir Nigel and Stephen Welton. BGF, set up by Britain’s top six banks and chaired by Sir Nigel, will have £2.5bn of capital to invest in small and medium-sized firms. The pair discuss the origins of the company as they seek to fill a gap in the market in which banks have traditionally not been good individually at investing long-term in equity in smaller businesses.
Business funding news
A Wilderness Way partners with BGF
A Wilderness Way (AWW), a provider of specialist residential childcare and crisis intervention services, has secured backing from BGF to…
MIP Diagnostics secures £5.1m in funding to expand commercial operations and production
Nanotechnology business, MIP Diagnostics, has completed a £5.1m funding round to accelerate its global expansion. The co-investment has come from…