questionText: To ask the Secretary of State for Business and Trade, what performance indicators his Department uses to measure the extent to which the British Business Bank has reduced the scale-up financing gap of R&D intensive companies.
answerText: The indicator used to assess the financing gap is venture capital (VC) investment as a proportion of Gross Domestic Product (GDP) in the UK as compared to the US, measured over 3 years. This gap (across all sectors) has narrowed from 30% greater investmen...
heading: British Business Bank: Research