Title page
Contents
Summary 5
1. Background 7
1.1. Definition of an SME 7
1.2. Types of business support 7
Lending 8
Equity investment 8
Non-financial support 8
Role of British Business Bank 8
2. Advice and information 9
2.1. Help to Grow campaign 9
2.2. Government portal 9
2.3. Government helplines 9
2.4. Local Enterprise Partnerships and Growth Hubs 10
2.5. Local authorities 11
2.6. Grantfinder database 11
3. Government programmes for lending to small businesses 12
3.1. Start Up Loans scheme 12
3.2. Recovery Loan Scheme 13
3.3. ENABLE programmes 15
ENABLE Guarantees 15
ENABLE Build 16
ENABLE Funding 16
4. Other Government schemes 17
4.1. Help to Grow: Management Course 17
4.2. Help to Grow: Digital scheme 17
4.3. Made Smarter initiative 17
4.4. SME Brexit Support Fund 18
5. Regional funding 19
5.1. Nations and Regions Investment Funds 19
6. Equity investment 20
6.1. HM Revenue and Customs venture capital schemes 20
What do the schemes offer? 21
Who can apply? 21
How to apply 21
Enterprise Investment Scheme 21
Seed Enterprise Investment Scheme 22
Venture Capital Trusts 23
6.2. Enterprise Capital Funds 24
6.3. Angel CoFund 25
7. Non-financial support 27
7.1. Procurement 27
7.2. Small Business Commissioner 29
Table 1. Definition of an SME 7