The Government are committed to improving access to finance for small and medium sized enterprises to enable them to grow and drive the recovery.
We have also published our strategy "Backing small business" available at:
http://www.bis.gov.uk/backing-small-business setting out new measures to help SMEs grow and to boost enterprise.
We have announced the following measures to increase the level of access to finance for small and medium sized firms:
An increased commitment to the Enterprise Capital Fund programme of £200 million to support small businesses with the highest growth potential, providing more than £300 million of venture capital investment into the equity gap after both Government and private sector funding are combined.
Furthermore, we have worked with the banks to create a new £1.5 billion Business Growth Fund, to provide equity funding of between £2 million and £10 million for small and medium-sized businesses (SMEs) with strong growth potential.