BGF (Business Growth Fund) is the most active equity investor in the UK and Ireland, offering minority investments and long-term support to small and mid-sized firms. Since it launched in 2011, BGF has invested more than £4.5 billion across hundreds of companies and has provided over £1 billion in follow-on funding. Its investment strategy relies on patient capital without taking controlling stakes, allowing entrepreneurs to maintain significant ownership. Backed by major banks such as Barclays, HSBC, Lloyds, NatWest and Standard Chartered, BGF holds B Corp certification and follows UN Principles for Responsible Investment.
BGF invests across early-stage ventures, private SMEs and small-cap quoted companies, focusing on opportunities in technology, education, specialist manufacturing, waste management, food and drink, and climate and sustainability. The organization maintains a regional presence throughout the UK and Ireland and leverages relationships with local and global business networks. Beyond capital, BGF offers guidance on finance, talent recruitment, operations and strategic planning, adapting its support to each company’s specific growth objectives.
BGF has committed more than £220 million to over 30 climate and sustainability firms, reflecting its active role in clean technology. It participates in investor coalitions dedicated to scaling UK clean tech solutions and backs companies developing solar and battery integrations, hydrogen fuel cells and other energy innovations. A notable example is a £17.3 million investment in Sunswap, which equips refrigerated transport units with solar panels and batteries to reduce emissions in cold-chain logistics. BGF applies responsible investment principles to guide its environmental and social commitments.