Government Support for Business - Business, Innovation and Skills Contents


Glossary


AMSCI: Advanced Manufacturing Supply Chain Initiative

BBB: British Business Bank

BIS: The Department for Business, Innovation and Skills

Business Growth Service: See www.greatbusiness.gov.uk/businessgrowthservice/

Crowd-funding: The practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the internet

EFG: Enterprise Guarantee Scheme

GIB: Green Investment Bank

GREAT Campaign: See www.greatbusiness.gov.uk/

Gross Value Added: The value of goods and services produced in an area, industry or sector

LEP: Local Enterprise Partnership

MAS: Manufacturing Advisory Service

Peer-to-peer lending: A method of debt financing that enables individuals to borrow and lend money directly (i.e. without the use of an official financial institution as an intermediary)

RGF: Regional Growth Fund

SME: Small or Medium sized Enterprise

The Department: The Department for Business, Innovation and Skills

UKEF: United Kingdom Export Finance

UKTI: United Kingdom Trade and Investment


 
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© Parliamentary copyright 2015
Prepared 24 February 2015