Small and medium-sized enterprises (SMEs) often face unique financial challenges as they seek to grow and expand. Access to finance can be particularly challenging for SMEs in the tech industry, as they seek to navigate a complex landscape of finance options.
The British Business Bank aims to provide better access to finance by supplying useful information and tools, and developing strong regional networks. It brings expertise and Government-backed support to the smaller business finance markets and works with over 200 partners such as banks, leasing companies, venture capital funds and web-based platforms.
In this session, we'll hear from the British Business Bank on the latest trends in equity finance for SMEs and provide understanding on the different finance options available and how to prepare for accessing finance.
Agenda |
Introduction
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British Business Bank Small Business Equity Tracker
The British Business Bank’s Small Business Equity Tracker provides a comprehensive picture of equity funding conditions for smaller businesses across the UK. Matt Adey, Director of Economics from the British Business Bank shares with techUK members an overview of the Bank’s latest findings and what this could mean for those in the tech sector. Matt will cover:
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Preparing for Finance
The British Business Bank’s ongoing research consistently underscores a lack of understanding of fundamental business skills with 51% are not considered as being investment ready. British Business Bank UK Network Strategy Director Sarah Gardiner presents on how to prepare for external funding, including:
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