News article

British Business Bank Launches £500m Managed Funds Programme to Increase Finance Options for UK Firms

15/05/2018

A programme designed to increase access to longer-term venture and growth capital for ambitious and innovative, high potential companies in the UK by supporting large-scale funds-of-funds, run by experienced investment managers, has launched.

First announced by the Chancellor in the 2017 Autumn Budget, the £500 million Managed Funds Programme (MFP), provided by British Business Investments through the British Business Bank, has been launched.

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