To support the UK’s growth economy, BGF has announced a fresh commitment of £3 billion to support ambitious businesses across the country. Notably, at least £300 million of this sum is specifically dedicated to female-powered enterprises, reinforcing efforts to support more diverse leadership within the business community.
This latest pledge builds upon BGF’s earlier £25 million contribution to the Invest in Women Taskforce initiative, signalling a clear intent to accelerate backing for women-led companies. The new funding package marks an increase from the £2.3 billion BGF deployed between 2020 and 2024, aiming to scale support for both growth-stage and early-stage businesses that form the backbone of the UK economy.
Andy Gregory, BGF’s Chief Executive, emphasised the firm’s ongoing commitment despite economic uncertainties: “Despite ongoing macro-economic uncertainty, BGF is reaffirming its mission to be the long-term partner of choice for ambitious entrepreneurs in every corner of the country. Our £3 billion commitment is about backing British business through the cycle and helping drive their success, sending a clear message that we believe in the potential of this country’s entrepreneurs, and we’re ready to go further.”
The announcement is underpinned by recently published impact data showcasing BGF’s substantial influence nationwide. Since 2011, companies supported by BGF have collectively generated £7.1 billion in revenue growth, £1 billion in export growth, and created 27,000 new jobs. Financially, BGF continues to rank among the top investment managers, delivering returns that place it in the top quartile of the market.
BGF operates with a regional-first approach, maintaining teams across 15 cities in the UK and Ireland. Impressively, 74% of its capital is invested outside London and the South East, addressing the persistent regional capital gap and ensuring businesses across the UK have access to vital growth funding.
Gregory added further insight into BGF’s strategy:“BGF is an investment platform built to solve a hard problem. With our platform advantage, we’ve proven we can deploy scale-up capital into a broad base of UK businesses in a way that is commercially rigorous, regionally inclusive, and can help businesses grow in all conditions. Few investors have the nationwide reach to deploy capital at the scale required to make a meaningful difference to the UK’s scaleup landscape, and this next phase is about leveraging our platform advantage to unlock even greater impact for UK plc.”
Debbie Wosskow OBE, Co-Chair of the Invest in Women Taskforce, welcomed the announcement, describing it as a landmark moment: “This is a historic moment. BGF’s £300 million commitment to female-powered businesses, which builds on the work of the Invest in Women Taskforce, is one of the largest ever made in the UK. It marks a turning point in how we back women-led enterprise and is exactly the kind of action that can start to reshape our business landscape for the better.”
With this bold pledge, BGF is setting the stage to empower a new generation of UK entrepreneurs, ensuring that growth and opportunity are spread widely and inclusively across the nation.
