Sheffield’s British Business Bank has appointed Lewis Stringer to the new position of Senior Manager, UK Network for the East and South-East Midlands.
The British Business Bank – the Government-owned economic development bank dedicated to making finance markets work better for smaller businesses – is establishing a UK Network, with team members based within each of the English regions and the three Devolved Nations.
The UK Network was originally announced as part of the Government’s modern Industrial Strategy in November 2017, with a remit to identify and help to reduce imbalances in access to finance for smaller businesses across the UK.
The UK Network will help enhance business finance ecosystems across the UK so smaller businesses, wherever they are, can grow and prosper.
It will also help the Bank develop a deeper understanding of small business finance markets in all parts of the UK so that, ultimately, the Bank can improve its support to smaller businesses everywhere.
Mr Stringer will represent the UK Network across the East and South-East Midlands and will engage closely with business finance stakeholders in the region.
He will be supporting Geoff Whiteland, the recently appointed UK Network Director, North of England and the Midlands.
The UK Network is part of the British Business Bank’s new Demand Development Unit, which has been specifically created to raise the Bank’s profile and relationship with smaller businesses across the UK.
The Demand Development Unit also incorporates the Bank’s recently launched Finance Hub, a digital information hub aimed at raising awareness of the finance options available to UK SMEs.
It is the source of independent information for growing businesses and offers guidance for scale-up, high growth and potential high growth businesses using interactive content.