Funding and Finance News & Opportunities

Within this page, you will find a whole host of funding opportunities that range from January 2021 to January 2022. A lot of information is included below, but should you have any questions on, do not hesitate to email us your queries (lowcarbonbusiness@derby.ac.uk).

BRITISH BUSINESS BANK

Within the past 12 – 18 months, the British Business Bank’s UK Network have been working in collaboration with key regional and national stakeholders to develop and deliver a programme of activities specifically targeted at improving access to early stage finance within each of the regions and nations of the UK.  

Collaborating within the East & South-East Midlands to improve access to early-stage finance, including the following activities: 

– D2N2 Road to Raise 

– Leicster Startups 

– Funding your Business Growth in Lincolnshire

For more information on the British Business Bank, visit there website here. 

New Support to help boost business performance and growth

Small-to-medium sized enterprises (SMEs) can access support in developing leadership and management skills through two programmes recently launched by the University of Derby. The courses have been created to help those new to management, as well as senior managers and leaders. If your organisation is looking to create a sustainability strategy, these courses are an ideal opportunity to develop the leadership skills needed to succeed. Follow the links below to find out more:

NEW FUNDING OPPORTUNITIES

The British Business Bank and PwC Raise have published a three part webinar series (running from January – April 2022) to support smaller businesses to scale-up.  Covering investor readiness, valuations and term sheets, these webinars are now available to view on demand. Please see the links below should you wish to share them with any small businesses that may be considering a fundraise. For further information you can visit the webinar webpage HERE.

 

The following links will take you straight to the British Business Bank and PwC Raise webinars:

INVESTOR READINESS

VALUATIONS

THE TERM SHEET EXPLAINED

D2N2 GOVERNMENT FUNDING TRACKER

The D2N2 Local Enterprise Partnership has launched a new interactive tool to track UK government funding announcements.

The tracker has been developed to help partners, policymakers, and others to navigate the complex and evolving landscape of government funding more easily by collating information on funding in one place. For more information, visit HERE.

START UP LOANS AND MORE FROM THE BRITISH BUSINESS BANK

In the Autumn 2021 Spending Review, the government announced its plans for spending over the next three years from 2022/23. This included a number of measures to support smaller businesses to be delivered by the British Business Bank.

Business Bank with the resources to help drive sustainable growth and prosperity across the UK, and to enable the transition to a net zero economy, by supporting access to finance for smaller businesses. Find out more HERE.

VIRGIN MONEY – SUSTAINABILITY-LINKED LOANS

Virgin Money is launching sustainability-linked loans (SLL) for all UK companies. The SLLs, available in late Spring 2021, will reduce the cost of finance for those businesses whose core activities proactively help the economy transition to a more sustainable model. Virgin Money is the first bank in Europe to offer such loans in commercial banking. 

The methodology behind this was created by Virgin Money in partnership with Future-Fit Foundation and is delivered through a series of conditional questions, assessing current Environmental, Social and Governance (ESG) performance and helping businesses to prioritise and take action to make further progress. The outcome provides companies with an objective assessment of the negative and positive ESG impacts associated with their business activities, which are a necessary step toward reaching the 17 UN Sustainable Development Goals. For more information, visit HERE.