Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will publish details on the number of companies that have (a) successfully applied and (b) been rejected for the Future Fund on a (i) weekly and (ii) monthly basis.
The Government has sought industry feedback throughout the development of the Future Fund, including from representatives of the technology industry. Further guidance on terms and conditions and eligibility, including investor criteria, will be published shortly.
The Government will keep the Future Fund under ongoing review, and data will be published on applications on a weekly basis once launched.