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
BGF invests £10 million in specialist engineering company, Polar Technology
BGF has announced a £10 million investment in Polar Technology, an Oxfordshire-based business which manufactures high-performance carbon and metal components…
BGF invests £14m in tech-led procurement business Bloom
BGF has invested £14 million in Bloom (Bloom Procurement Services), based in the North East and headquartered in Gateshead. Bloom…