The British Business Bank’s latest funding announcement could create exciting opportunities for ambitious businesses across the North, particularly those operating in innovation-led sectors.
Gavin Sherratt, Fractional Lead for Creative, Digital & Entrepreneurship at Liverpool Chamber, said:
“This is a really positive move from the British Business Bank and another sign of the growing recognition of the high-growth businesses being built across the North.
Technology, creative industries and innovation are going to play a huge part in the next chapter of Liverpool City Region’s economy.
Graham Bond, Partner at RSM, a strategic partner of Liverpool Chamber’s Navigate initiative, said:
“This is a significant development for the Northern innovation ecosystem and addresses a key challenge for ambitious scale-up businesses: access to larger growth capital rounds.
For businesses targeting growth capital, now is the time to start preparing.”
We’ll be watching closely for further details on the fund and what it could mean for businesses looking to scale across the region.