The Business Growth Fund (BGF) is a major new £2.5 billion equity investment fund backed by five of the largest banks in the UK (Barclays, HSBC, Lloyds Banking Group, RBS, Standard Chartered) and is particularly keen to help smaller and medium-sized businesses in a bid to revitalise the UK’s recovering economy. The Fund is offering more than just financial investment; the banks will offer guidance and work closely with the companies in which they invest. .
Investment will be around £2m to £10m in return for an equity stake in the business, and is available for established UK companies with a turnover of approximately £5m to £100m per annum. The funding could be for five to seven years or more. Working closely with SMMT, BGF is keen to find companies in the motor industry that match the criteria.
About the webinar
The session covered in detail exactly what the BGF is looking for in investee companies, with particular emphasis on the automotive sector.
The panel:
Paul Everitt, SMMT, Chief Executive
Stephen Welton, BGF, Chief Executive
The presentations lasted for 30 minutes, followed by a 15 minute question and answer session with the panel. Please direct inquires to memberservices@smmt.co.uk.
Business Growth Fund Webinar
Friday 11 November 2011, 14:30 – 15:15
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Watch Webinar Recording
About the Business Growth Fund (www.businessgrowthfund.co.uk)
The Business Growth Fund (BGF) is a major new £2.5 billion equity investment fund backed by five of the largest banks in the UK (Barclays, HSBC, Lloyds Banking Group, RBS, Standard Chartered) and is particularly keen to help smaller and medium-sized businesses in a bid to revitalise the UK’s recovering economy. The Fund is offering more than just financial investment; the banks will offer guidance and work closely with the companies in which they invest. .
Investment will be around £2m to £10m in return for an equity stake in the business, and is available for established UK companies with a turnover of approximately £5m to £100m per annum. The funding could be for five to seven years or more. Working closely with SMMT, BGF is keen to find companies in the motor industry that match the criteria.
About the webinar
The session covered in detail exactly what the BGF is looking for in investee companies, with particular emphasis on the automotive sector.
The panel:
The presentations lasted for 30 minutes, followed by a 15 minute question and answer session with the panel. Please direct inquires to memberservices@smmt.co.uk.