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Business Growth Fund

The Business Growth Fund is a £2.5 billion equity investment programme

The Business Growth Fund is an equity investment company established to meet the growth finance needs of UK companies which will offer an initial investment between £3m and £30m, with significant follow-on funding for equity.

The Growth Fund backs private SMEs that meet these criteria:

  • Headquartered in the UK or Ireland
  • Profits typically £1m+ (or £3m+ ARR for tech)
  • Strong track record and growth strategy
  • Not a financial institution
  • Seeking initial investment of £3m-£30m from BGF

The early Stage team invests in startups that are:

  • Headquartered in the UK or Ireland
  • Late seed to series B
  • Operating in deep tech or life sciences
  • IP-protected
  • Seeking £3m-£10m investment from BGF (£5m-£30m total)

You can also learn more about different types of finance from the British Business Bank, the UK's national development bank  that can help your business find a way, with free financial tools and expert information.https://www.british-business-bank.co.uk/finance-hub/other-forms-of-finance/

Last modified on 06 March 2026