The report was launched at a dinner in Edinburgh, hosted by Alastair Clark (Executive Director, Financial Stability) in conjunction with the Bank's Agency for Scotland.
The report suggests that many TBSFs have a number of characteristics which distinguish them from the generality of the small business population, and which might affect their ability to raise external finance. These features include: a lack of tangible assets and track record; the need for long-term investment; and growth potential which relies on necessarily unpredictable success in the exploitation of new science or technology.
Press release