Future Fund
(asked on 27th February 2023) - View Source
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, pursuant to the Answer of 27 February 2023 to Question 147247, what the total value of the Future Fund loans taken up by those 83 companies is.
This question was answered on 7th March 2023
As of 31st December 2022, there were 83 companies in the Future Fund portfolio which have loans that have not converted into equity, and which have started Administration or other insolvency proceedings. The total Future Fund loan amount for these 83 loans is equal to £70,057,178.00.