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On a cold afternoon in Liverpool, Liang and Wanchong stood inside their small jewellery studio wondering how long they could keep going. Their brand, Robin Valley, had built a loyal following through craft fairs and independent retailers. Customers loved their sustainably made pieces and museums were showing interest, but interest did not pay suppliers. Banks refused to lend because the business was young and the founders had no assets to offer as security. Growth felt imposs

In a compelling call to action, the United Kingdom’s Minister of State for Science, Research and Innovation, Lord Patrick Vallance, urged...