BGF Commits £3bn to Boost UK Business Growth
Funding | May 27, 2025 | Business Growth Fund (BGF)
The Business Growth Fund (BGF) has announced a substantial commitment to invest more than £3 billion in UK businesses over the next five years. This move is designed to enhance support for growth and early-stage businesses across the country. As part of this commitment, at least £300 million is allocated specifically for female-powered businesses, reinforcing BGF's previous initiatives to support diverse leadership. This £3 billion pledge signifies an increase from the £2.3 billion invested between 2020 and 2024. According to BGF's CEO Andy Gregory, this investment serves as a testament to BGF's role as a long-term partner for ambitious entrepreneurs throughout the UK. Since its inception in 2011, BGF's portfolio has significantly contributed to the UK economy, boasting a £7.1 billion revenue impact and £1 billion in export growth, while creating 27,000 new jobs.
Sectors
- Private Equity
- Venture Capital
Geography
- United Kingdom – The article pertains to BGF's investment commitments in UK businesses and their impact on the UK's economy and entrepreneurial landscape.
- Ireland – Ireland is mentioned as part of BGF's regional investment strategy, with teams in 15 cities across the UK and Ireland.
Industry
- Private Equity – The article focuses on the Business Growth Fund, a private equity firm, emphasizing its investment strategy and funding allocation.
- Venture Capital – BGF's involvement in investing in early-stage businesses and scaling up operations is characteristic of venture capital activities.
Financials
- £3 billion – The total amount BGF has pledged to invest in UK businesses over the next five years.
- £300 million – A portion of the £3 billion funds specifically allocated to support female-powered businesses in the UK.
- £2.3 billion – The amount BGF had deployed between 2020 and 2024, showcasing an increase in investment with the new commitment.
- £25 million – BGF's initial commitment to the Invest in Women Taskforce initiative before increasing their investment.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Business Growth Fund (BGF) | Investor | Company | A private equity firm focused on investing in UK businesses, with a strong emphasis on regional and sector diversity and scaleup capital deployment. |
| Andy Gregory | CEO | Person | Chief Executive Officer of BGF, advocating for the firm's investment strategies and commitment to UK business growth. |
| Invest in Women Taskforce | Advocacy Group | Charity | An initiative aimed at supporting female leadership and entrepreneurship in the UK through targeted investments. |
| Debbie Wosskow OBE | Co-Chair | Person | Co-Chair of the Invest in Women Taskforce, commenting on the significance of BGF's commitment to female-powered businesses. |