November 15 2016.

The Business Growth Fund (BGF) has passed £1 billion in committed investments to businesses across Britain following an £11 million investment in holiday park operator Coppergreen Developments. The firm is on track to invest more than £370 million this year, compared to £250 million in 2015.

More than 150 small and mid-sized companies have taken BGF funding since October 2011, including Gymbox, Cass Art, Better Bathrooms, Unruly Media, M Squared Lasers, UKCloud, Trunki and Dudson.

More than £700 million of the £1 billion has been invested outside of London and the South East. This has included £186 million in the Midlands, £150 million in the South West, £215 million in the North and £127 million in Scotland.

Nationally, BGF invested more than £100 million in the third quarter of 2016, compared to £60 million in the same quarter last year. According to Beauhurst, BGF was the top institutional investor in the three months following the EU Referendum by number of deals completed, against a backdrop of an overall slowdown in investment activity.

For the full story at CLICK HERE.