Press Releases

Press Release

BEF joins Government response to support Carillion supply chain

The British Business Bank, in partnership with 40+ accredited lenders, will make £100 million of finance available to businesses affected by the collapse of Carillion. Delivered through the Enterprise Finance Guarantee Programme (EFG), the move, announced by Business Secretary Greg Clark, will create...

Press Release

Gee Graphite sharpens up for 2018 with MBO

Gee Graphite sharpens up for 2018 A Yorkshire manufacturer has completed a management buy-out (MBO) following backing from a group of organisations with further growth capital provided through the Northern Powerhouse Investment Fund (NPIF). With financial backing from Business Enterprise Fund...

Press Release

BEF funding provides bright outlook for North East coast

A rainbow of colour is being added to the picturesque North East coastline at Saltburn-by-the-Sea. Local businessman Stuart Marshall has designed and began installation of a row of beach huts on the Victorian town’s seafront, with plans to reach a total of 45 in time for summer 2018. The £600,000...

Press Release

Leeds entrepreneur builds sustainable future for 3D printing

3D printing is a fast-growing disruptive technology. From humble beginnings as a novelty demonstration tool 3D printing has become a growing player in the manufacturing world, as the technology to utilise it becomes faster and more efficient than ever before. Leeds Entrepreneur of the Year Ravi Toor...

Press Release

Love Bomb Cushions wins Dragon investment

Yorkshire business woman Sarah Agar-Brennan has successfully tamed the Dragons on BBC's Dragons Den. After sharing a strong and very personal pitch, the Leeds entrepreneur sparked interest with Peter Jones, Tej Lalvani and Jenny Campbell, who all wanted a stake in her emoji cushions business. With...

Press Release

Not-for-profit business lender injects £29m into Yorkshire and North East economy

Business lender the Business Enterprise Fund (BEF) has announced that for every £1 invested, over £4 has been added in value to the local economy, amounting to a £29 million benefit this year. The figures, from BEF’s Social Impact Report & Annual Statement, have been released following their...

Press Release

Growth hub collaborates with business lender to support Yorkshire skin care business

“YOUR VERY OWN BUSINESS SIRI”, HOW HOW’S BUSINESS IS SUPPORTING BUSINESS GROWTH Growth hub collaborates with BEF to support skin care business, Mia and Dom There’s a lot of great support available in York, North Yorkshire and East Riding for businesses who are looking to grow and How’s...

Press Release

Retail Giants Warm to Designer Radiator Firm

By Fergus Mckie An entrepreneurial duo has put their buying power to work by forming their own business. Seasoned buyers Paul Johnson and Andrew Smith formed Crimson Bear, a firm that sources high-end radiators and heating solutions for the home from across the world. Paul and Andrew planted the...

Press Release

Bar Venture Boosted After Start Up Business Funding

Brian Simpson has long been at the forefront of Northallerton’s bar scene. In 1994 he converted a furniture store to create the Tanner Hop, which is still a successful business trading as The Tithe Bar, and in 1999 he took on the Station Hotel. Brian then moved overseas before returning to open his...