Based on official data, the interactive reveals that Start Up Loans lent £62,861,292 across 20 sectors in 2017, £7,963,315 of which was loaned solely to the West Midlands and distributed across its cities, where needed.

So which sectors received the most start-up funding?

– The West Midlands received the most of any UK region for hotels (£89,100)
– After London, the West Midlands and the North West had the most investment in employment agencies
– Nearly £1 million went to logging in 2017, with the West Midlands being one of the most popular areas for investment
– Apart from London, the West Midlands had the biggest investment in the development of building projects (£43,000)
– With £120,200, the West Midland’s investment in hospital activities was four times that of the North West and Yorkshire and the Humber, and even outstripped London by over £30,000

All this information can be found on the interactive which you can view here .

Cameron Bisset, Digital Content Manager for Start Up Loans, commented: “We back thousands of start up businesses each year and we wanted to share some of the transformations with the public. The interactive showcases where money is lent, and provides a breakdown of the work we do in enhancing business communities nationwide.

“We have supported more than 40,000 businesses with around £250 million in funding, and the guide illustrates the work we do in making businesses a success in key industries.”

Which areas received the most funding in total and how did they compare to the West Midlands?