BBB makes new senior hire in the South West

The British Business Bank (BBB) has appointed Edward Tellwright (pictured) as senior manager for the South West.

Tellwright will focus particularly on Bristol, Dorset, Devon, Gloucestershire, Somerset and Wiltshire, and will also work closely with the BBB’s Cornwall and Isles of Scilly representative, Lloyd Brina.

His role will involve working closely with finance delivery partners, business development agencies and other organisations to improve access to financial support.

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Tellwright began his business career with an angel network in the South West, where he helped local businesses raise more than £70m. Prior to this, he was a professional rugby player with stints at Sale Sharks, Rotherham and Jersey.

“As many smaller businesses across our region face tough economic headwinds, access to finance is fundamental for supporting them now and to help reach their long term potential,” said Tellwright.

“I’m looking forward to using my experience to support businesses in the South West access the finance they need to succeed whatever the stage of their development and current needs.”

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His appointment comes ahead of the launch of a £200m South West investment fund next year. This fund will be used to support the growth of smaller businesses across the region. It is due to be launched in the first half of 2023.

“We are really pleased to bring Edward with his tremendous experience on board,” added Steve Conibear, UKN director, South West at the BBB.

“His record in supporting smaller businesses unlock the finance best suited to them will be key to helping create a more diverse finance market for smaller businesses and reduce regional imbalances.”

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