Impact for scaleups
Investment outside London
Santander Breakthrough Growth Capital provides growth-stage capital through a mezzanine loan offer, typically between £500,000 to £5m, which can work alongside additional senior debt facilities. The funding, which targets companies that are growing at scaleup rates, has participated in 22 fundraisings totalling £65.5m. The average investment is £3.6m. Current scaleups in its portfolio include the dining chains Chaophraya and Honest Burgers.
A range of additional support is offered by the Breakthrough programme. This includes expertise to companies that are expanding internationally, providing commercial contacts and market knowledge to companies looking to export or open offices abroad. Businesses are connected with an online network of founders and business leaders, and regional peer group roundtables are also organised. The programme also runs a number of ‘Access the Buyer’ events, leadership masterclasses, a Women Business Leaders’ Mentoring Programme for female business leaders, and support for internships.