The FSE Group launches £70M+ London growth fund to back underserved scaleups
The Future London Growth Fund is a new debt fund backed by the British Business Bank and Funding London, targeting founders overlooked by traditional finance. It will provide loans between £1M and £3M to address a financing gap for growth-stage companies. The initiative responds to data showing London entrepreneurs, particularly in economically deprived areas, face unique barriers despite proximity to major financial hubs.
Key points
- £70M+ debt fund targeting underserved London scaleups
- Loans range from £1M to £3M to bridge gap between bank finance and venture debt
- Addresses barriers faced by entrepreneurs in economically deprived urban areas
Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. Tech.eu did the reporting; read the original for the full story.
Read the full story at Tech.eu
