Funding the Future: Solving the Financial Hurdles for Breakthrough Business Networks (BBNs)

The UK's Advanced Research and Invention Agency (ARIA) is exploring a new type of R&D organization: Breakthrough Business Networks (BBNs). This article dives into the financial challenges faced by BBNs, including cash flow issues, startup capital needs, and risk capital requirements. A potential solution, an "R&D lending facility," is proposed, along with various financing models such as revenue-based finance, low-interest loans, and revolving loan funds. These aim to foster the growth of BBNs and boost UK technological innovation.
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