The Government has announced that, effective today (30 June 2020), more start-ups and innovative firms will be able to apply for investment from the Future Fund. Companies who have participated in highly selective accelerator programmes and were required, as part of that programme, to have parent companies outside of the UK will now be eligible to apply for investment.
More than 320 early-stage, high-growth companies have benefitted to date from around £320 million of investment through the Future Fund. This surpasses the £250 million initial funding made available by the Government.
We have published an article providing an overview of the terms of the Future Fund and guidance on how companies can secure funding under the scheme.
Written by Isaac Paine.
This change means that those start-ups who have strived to be the very best, and taken opportunities to grow their business, will be able to benefit from our world-leading Future Fund.