82 British Business Bank CEO Louis Taylor on the UK funding market and addressing market failures

<p>Since its founding eight years ago, British Business Bank has established itself as an important participant in the funding markets for UK SMEs and startups. In this episode, its CEO Louis Taylor tells us what it is doing and how it is going about it.</p><p>We start by discussing how the Bank fits into the UK ecosystem. Louis discusses the bank's mandate and how it goes about fulfilling it. It aims to change market failures through a variety of projects. Louis discusses several of these and how the Bank aims to catalyse others to fill the gaps.</p><p>There are several specific areas that concern EIS and VCT investors and we look at some of those. The gap in regional equity funding is well known and BBB has some tailored programmes to address them. We also talk about the challenges of improving diversity and addressing issues in the green economy. </p><p><strong>Links</strong></p><p>British Business Bank website - <a href="https://www.british-business-bank.co.uk/" rel="noopener noreferrer" target="_blank">https://www.british-business-bank.co.uk/</a></p><p><br></p><p>Subscribe to the EIS Navigator podcast on most services here: <a href="https://the-eis-navigator.captivate.fm/listen" rel="noopener noreferrer" target="_blank">https://the-eis-navigator.captivate.fm/listen</a></p><p><br></p><p><strong>Suggested book</strong></p><p><a href="https://www.amazon.co.uk/Entrepreneurial-Myth-manifesto-real-business/dp/1912555085/ref=sr_1_1?crid=IVPVJG60LB9C&amp;keywords=entrepreneurial+myth&amp;qid=1695639032&amp;sprefix=entrepeneurial+myth%2Caps%2C80&amp;sr=8-1" rel="noopener noreferrer" target="_blank">The Entrepreneurial Myth: A manifesto for real business</a> by Louise Nicolson </p><p><br></p><p><strong>Bio</strong></p><p>Louis Taylor</p><p>CEO, British Business Bank</p><p>Louis Taylor is CEO of the British Business Bank, the UK’s government owned economic development Bank. Prior to that, he was Chief Executive of UK Export Finance (UKEF), the UK’s export credit agency, for seven years. He also held roles as a Director