{"id":6466,"date":"2020-04-23T20:10:00","date_gmt":"2020-04-23T20:10:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2527519"},"modified":"2020-04-23T20:10:00","modified_gmt":"2020-04-23T20:10:00","slug":"uks-bbi-puts-12m-into-startup-funding-club-for-early-stage-startups","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/04\/23\/uks-bbi-puts-12m-into-startup-funding-club-for-early-stage-startups\/","title":{"rendered":"UK\u2019s BBI puts $12M into Startup Funding Club for early stage startups"},"content":{"rendered":"

\"Stephen<\/p>\n

\n

SFC (formerly known as Startup Funding Club<\/a> – a UK a seed stage investor – has received £10 million from British Business Investments (the commercial subsidiary of the British Business Bank), to deploy a total of £40 million across more than 100 early-stage startups in the UK.<\/p>\n

SFC intends to deploy the commitment in over 100 early stage businesses across the UK to deliver almost £30m of new funding for start-up and scale-up businesses across all sectors.<\/p>\n

This will be a significant boost for early-stage companies across the UK at a time when the COVID-19 pandemic has made the funding landscape highly uncertain — in particular in the wake of the UK government’s announcement of its Future Fund co-investment scheme, which requires startups to already have received at least £250,000 in private funding to qualify for support, leaving many early-stage businesses still ineligible.<\/p>\n

SFC has already completed investments totaling £5 million into 28 companies during Q1 2020, with £1.6 million coming from BBI’s commitment.<\/p>\n

BBI’s commitment is the second to be made through its Regional Angels Programme, which aims to improve access to funding for businesses in parts of the UK where early-stage capital can be scarce.<\/p>\n

SFC was incorporated in 2012 by Stephen Page, a former software entrepreneur who founded and exited a number of companies, with a mission to help high-potential start-ups succeed and to make angel investing more accessible.<\/p>\n<\/div>\n

\n

See Campaign: <\/strong>https:\/\/www.startupfundingclub.com\/<\/a>
Contact Information:<\/b>
Mike Butcher<\/p>\n

Tags:<\/b>
<\/a>, Wire<\/a>, United States<\/a>, English<\/a><\/p>\n

\"image\"<\/div>\n

\n

Contact Information:<\/h3>\n

Mike Butcher<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

SFC (formerly known as Startup Funding Club – a UK a seed stage investor – has received £10 million from British Business Investments (the commercial subsidiary of the British Business Bank), to deploy a total of £40 million across more than 100 early-stage startups in the UK. SFC intends to deploy the commitment in over 100 early … Continue reading UK’s BBI puts $12M into Startup Funding Club for early stage startups<\/span><\/a> Continue Reading →<\/span><\/a><\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,22,54],"tags":[],"class_list":["post-6466","post","type-post","status-publish","format-standard","hentry","category-english","category-united-states","category-wire"],"yoast_head":"\nUK\u2019s BBI puts $12M into Startup Funding Club for early stage startups - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2020\/04\/23\/uks-bbi-puts-12m-into-startup-funding-club-for-early-stage-startups\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UK\u2019s BBI puts $12M into Startup Funding Club for early stage startups - Business\" \/>\n<meta property=\"og:description\" content=\"SFC (formerly known as Startup Funding Club – a UK a seed stage investor – has received £10 million from British Business Investments (the commercial subsidiary of the British Business Bank), to deploy a total of £40 million across more than 100 early-stage startups in the UK. SFC intends to deploy the commitment in over 100 early … Continue reading UK’s BBI puts $12M into Startup Funding Club for early stage startups Continue Reading →\" \/>\n<meta property=\"og:url\" content=\"http:\/\/ipsnews.net\/business\/2020\/04\/23\/uks-bbi-puts-12m-into-startup-funding-club-for-early-stage-startups\/\" \/>\n<meta property=\"og:site_name\" content=\"Business\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-23T20:10:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/techcrunch.com\/wp-content\/uploads\/2020\/04\/Stephen-Page-landscape.jpg?w=730&crop=1\" \/>\n<meta name=\"author\" content=\"Aneesa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aneesa\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"http:\/\/ipsnews.net\/business\/2020\/04\/23\/uks-bbi-puts-12m-into-startup-funding-club-for-early-stage-startups\/\",\"url\":\"http:\/\/ipsnews.net\/business\/2020\/04\/23\/uks-bbi-puts-12m-into-startup-funding-club-for-early-stage-startups\/\",\"name\":\"UK\u2019s BBI puts $12M into Startup Funding Club for early stage startups - 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