Future Fund

(asked on 24th June 2021) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will publish the (a) number and (b) value of applications for Future Fund convertible loans received by region.


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 2nd July 2021

A total of 1,190 convertible loans have been issued to companies through the Future Fund, which is administered by the British Business Bank. The value of these loans at the time of issue was £1,136 million. An update on the Future Fund, including information on participating companies, will be published in due course.

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