BGF, the UK’s most active growth capital investor, has pledged £400 million to North West businesses as part of its £3 billion commitment to support high-potential companies across the UK over the next five years.
This builds on the £596 million BGF has already invested in the North West since 2011. The pledge is part of a broader strategy to scale capital deployment and support growth companies across the region.
The nationwide strategy includes a £300 million commitment to female-powered businesses—one of the largest pledges of its kind in the UK—following an earlier £25 million to the Invest in Women Taskforce (IWT), which unlocked over £250 million in capital in 2023.
Since 2011, BGF portfolio companies have delivered £7.1 billion in revenue growth, £1 billion in export growth, and created more than 27,000 jobs. BGF’s regional-first strategy has resulted in 74% of its capital being invested outside London and the South East.
Pinesh Mehta, Partner, North West, BGF, said:
“The North West is home to some of the most exciting and ambitious companies in the UK. This £400 million commitment underlines our confidence in the region and our determination to support more businesses through every stage of growth.”
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The £3 billion commitment represents a significant increase from the £2.3 billion BGF deployed across the UK between 2020 and 2024 and is designed to help scaleups and early-stage companies reach their full potential.
