Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, how many companies registered in Ceredigion received financial support under the Future Fund.

The Future Fund is a government scheme to support UK-based companies ranging from £125,000 to £5 million, subject to at least equal match funding from private investors. The scheme, alongside other Government support schemes, aims to support companies facing financing difficulties due to the Coronavirus outbreak. The Future Fund scheme is being delivered by the British Business Bank (BBB).

The number of Convertible Loan Agreements (CLAs) issued by the Future Fund in Wales was 25 with a total value of £18.7m. Future Fund data is not provided on a constituency level.