Regions and Nations
Tracker: Small Business
Finance Markets 2021
Regions and nations market overview
Finance for rural businesses
The British Business Bank across the UK
Regions and nations finance data
For businesses and entrepreneurs of all
backgrounds and ambitions, securing the
right type of external finance can be the
difference between success and failure.
From finance that helps to get ideas off
the ground, to later-stage investment that
unlocks rapid growth, such funding is a vital
ingredient for the continued success of UK
businesses and the wider economy.
Businesses in all parts of the UK should be
able to tap into this essential resource
equally, but this is not always the case.
Lower flows of finance in certain regions
and nations mean that their populations of
entrepreneurs and businesses operate with
This report, our first Regions and Nations Tracker, sets
out to analyse smaller business finance markets across
the UK, shedding light on how they work and where they
might not be working so well. Tackling regional
imbalances is a long-term priority for the British Business
Bank and the government, forming a key part of
delivering the economic recovery for the whole country.
One of the primary findings of the report is that
important forms of growth finance, such as private debt
and external equity investment, are unevenly distributed.
This holds true both between regions of the UK and
within them, right down to a local level. At local authority
level there is a striking degree of concentration in equity
activity, for example, with the top 20 local authorities
accounting for 58% of all deals since 2011.
Geography also remains a key determinant in influencing
equity investor activity, with the investor and the investee
company within a radius of two hours travelling distance
of each other in more than 80 pe