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1110838
star this property registered interest false more like this
star this property date less than 2019-04-09more like thismore than 2019-04-09
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
unstar this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading British Business Bank: Scotland more like this
star this property house id 1 remove filter
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what level of support the British Business Bank has provided to businesses in Scotland in each year since its establishment. more like this
star this property tabling member constituency Stirling more like this
star this property tabling member printed
Stephen Kerr remove filter
star this property uin 242959 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-04-23more like thismore than 2019-04-23
star this property answer text <p>Since its establishment in 2014, the British Business Bank has facilitated over £27.6m to 684 Scottish businesses in the 2014/15 financial year (FY), over £81.9m to 1,484 Scottish businesses in FY 2015/16, over £267.5m to 1,895 Scottish businesses in FY 2016/17, and over £291.6m to 2,881 Scottish businesses in FY 2017/18. These figures include Start-up loans from 2014.</p><p> </p><p>Since launching in 2012, the BBB Start-Up Loans programme specifically (which became part of the Business Bank in 2014) has issued over 3,500 loans in Scotland, averaging £7,200 each and worth over £25m in total.</p><p> </p><p>The British Business Bank is a Limited Partner for the three largest VC funds in Scotland (SEP, PenTech, and Panoramic) with over £80m invested in innovative, high growth companies.</p> more like this
star this property answering member constituency Rochester and Strood more like this
star this property answering member printed Kelly Tolhurst more like this
star this property question first answered
less than 2019-04-23T16:32:07.667Zmore like thismore than 2019-04-23T16:32:07.667Z
star this property answering member
4487
unstar this property label Biography information for Kelly Tolhurst remove filter
star this property tabling member
4604
unstar this property label Biography information for Stephen Kerr more like this