Press Releases

The recently appointed new Small Business Minister, Margot James, this afternoon announced the establishment of the British Business Bank’s 21st Enterprise Capital Fund, to be run by Active PE.

The announcement came during the minister’s visit to the ScaleUp Institute’s Manchester conference, supported by Goldman Sachs 10,000 Small Businesses and Innovate UK, and aimed at helping Local Enterprise Partnerships, cities and growth hubs deliver economic growth in their local areas.

Small Business Minister, Margot James, said: “Small businesses are at the heart of our economy and the whole country benefits when they grow and create jobs for people.

“The government-owned British Business Bank is helping more than 48,000 businesses with over £3.1bn of support, much of it going to those with high-growth potential.”

Read the full statement here.