Finance

Range of charities benefit from Bristol Junior Chamber’s Big Help Out summer volunteering scheme

July 31, 2024
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Hundreds of hours of volunteer work have been carried out by members of Bristol Junior Chamber this summer in a drive to support local charities. The BJC Big Help Out, introduced this year by the Chamber’s president Emma Carter, helped link up the organisation’s membership of young professionals with...

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Director with experience of working with tech and software firms joins Harbourside Corporate Finance

July 31, 2024
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Director with experience of working with tech and software firms joins Harbourside Corporate Finance

Bristol-based Harbourside Corporate Finance has appointed Alex Mitchell as its new corporate finance director. The boutique firm, which specialises in advising and supporting business owners in areas such as acquisitions, mergers and disposals, was spun out of regional accountancy firm Milsted Langdon’s corporate finance team nearly three years ago. ...

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Chance for Bristol firms to support unique event championing refugees’ positive impact on the city

July 26, 2024
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Chance for Bristol firms to support unique event championing refugees’ positive impact on the city

Businesses are being invited to support a gala dinner in Bristol to showcase the positive impact of refugees and migrants on the city and the wider UK – with a keynote speech by Olympic gold medallist Sir Mo Farah. ‘The Welcome Party’ will celebrate individual success stories of refugees...

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Specialist fund backs Bristol edge-computing pioneer’s growth plans amid software market shake-up

July 26, 2024
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Specialist fund backs Bristol edge-computing pioneer’s growth plans amid software market shake-up

Expansion at Bristol enterprise software developer StorMagic is to be accelerated after receiving a “significant investment” from a specialist private equity growth fund. StorMagic, which has taken thousands of clients around the world since launching in 2006, recently introduced a new full-stack software solution that can save customers significant...

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Banks agree new £370m funding line for Ultimate Finance as it looks to build on strong deal pipeline

July 26, 2024
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Banks agree new £370m funding line for Ultimate Finance as it looks to build on strong deal pipeline

Ultimate Finance, the Bristol-based specialist asset-based lender, is looking to further grow its loan book after securing £370m in wholesale funding for the next three years. The firm, owned US private investment firm Tavistock Group, said the new funding would also allow it to diversify its asset-based lending business...

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Social impact fund backs Brazilian Jiu Jitsu organisation’s growth plan to support more vulnerable people

July 25, 2024
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Social impact fund backs Brazilian Jiu Jitsu organisation’s growth plan to support more vulnerable people

A Bristol Brazilian Jiu Jitsu association operating two clubs in the city has received £390,000 from impact investor BBRC (Bristol & Bath Regional Capital) to expand its community-focussed operations. Roger Gracie Bristol already generates social impact with initiatives that bring people in personal crisis ‘onto the mats’ through interventions,...

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Nearly 900 micro businesses across the South West benefit from £11m-plus in essential start-up loans

July 24, 2024
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Nearly 900 micro businesses across the South West benefit from £11m-plus in essential start-up loans

More than £11m has been lent to start-up firms across the South West ranging from a sewing café to a mobile cocktail bar over the past year under a programme run by the British Business Bank. Since its launch in 2012, the Start Up Loans scheme has supported more than 9,000...

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Clean energy firm poised for global growth after ‘significant’ investment from BGF in Bristol

July 23, 2024
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Clean energy firm poised for global growth after ‘significant’ investment from BGF in Bristol

Funding secured from growth finance group BGF’s Bristol team is powering major international expansion at a UK-based clean-energy engineering company. Severn Drives & Energy (SDE), which BGF supported last year with a ‘significant’ investment, has set up a manufacturing plant in the US to meet rising customer demand for...

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National tech award shortlisting for Bristol firm on a mission to supercharge global crop growth

July 19, 2024
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National tech award shortlisting for Bristol firm on a mission to supercharge global crop growth

A Bristol firm aiming to revolutionise the way crops are grown without increasing greenhouse gases has been named South West and Wales Innovator in a contest to find the UK’s most exciting tech businesses. Glaia, which was founded in 2019 by two former University of Bristol scientists, is developing...

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King’s Speech bills will be ‘key to spurring region’s economic growth and easing housing crisis’

July 19, 2024
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King’s Speech bills will be ‘key to spurring region’s economic growth and easing housing crisis’

Measures included in the King’s Speech aimed at boosting housebuilding and devolving more powers from Whitehall to the regions have been widely welcomed by key business figures. The Planning and Infrastructure Bill – one of the 40 included in the speech that will shape the first year of the...

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Five years of economic expansion forecast for the West of England, outpacing all other UK regions

July 19, 2024
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Five years of economic expansion forecast for the West of England, outpacing all other UK regions

The West of England’s economy is forecast to grow faster over the next five years than any other part of the UK outside London, according to two new reports. The region, along with South Wales, will achieve economic expansion of 1.4% a year between now and 2029, according to...

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Albert Goodman kicks off extended sponsorship deal with Bristol City Women ahead of new season

July 18, 2024
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Albert Goodman kicks off extended sponsorship deal with Bristol City Women ahead of new season

South West accountancy firm, Albert Goodman has boosted its backing for the region’s sport by extending its sponsorship deal with Bristol City Women. Building on its squad sponsorship deal, which was launched 18 months ago, Albert Goodman has now elevated its support by becoming the back-of-shorts sponsor for the 2024/25...

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Former DAS UK trio appointed to key roles at ARAG six months after acquisition brought firms together

July 18, 2024
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ARAG, the specialist legal insurer with its UK head office in Bristol, has made three key senior manager promotions as it advances its plans to develop a new generation of products. Helen Futter, Anne Wienand and Marc Willett all joined ARAG earlier this year when it acquired DAS UK,...

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