🆕 Unlocking capital to drive inclusive growth in regional economies is a key challenge, and opportunity, for the UK.
In our new report, "SME Finance: A Place-Based Impact Investing Perspective," Sam Monger shares insights from last November's PBII Network meeting, where investors, policymakers, and place-based impact practitioners explored ways to unlock more institutional and private capital to support SMEs across the regions.
The report highlights:
📌 The investment gap facing SMEs between early-stage funding and larger-scale institutional investment
📌 The importance of catalysing growth beyond capital. Finance alone is not enough – SMEs need management expertise, networks, and market access to unlock scale.
📌 The potential for institutional investors to mobilise funding by acting as cornerstone investors in regional SME finance funds, supporting innovative financing models and using long-term patient capital to scale regional businesses.
We are grateful to the following for sharing their expertise, insights and experience: Tom Taylor (British Private Equity & Venture Capital Association (BVCA)), Amy Crofton (Foresight Group), Caroline Norbury, OBE (Creative UK, Jari Moate (BBRC), Lisa Smith (Midlands Mindforge), Jamie Broderick (Impact Investing Institute).
📖 Read the full report to learn more about the ideas shaping place-based SME finance and how to get involved.