HSBC's UK Enterprise Fund has invested in its 200th small business and is half way to achieving its eventual goal of 400 smaller businesses.
The milestone was reached as the bank put £250,000 into MMI, a technology management company based in Cambridge.
HSBC head of innovation and growth unit David Gill says: “I anticipate spending my time developing our technology portfolio. Of course our commitment to helping small businesses of all kinds will continue.”
Over its eight year existence, the fund has provided an average investment of £140,000 to a wide variety of small firms.