MHA Monahans Future Fund Loans

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Future Fund Loans

How it works:

  • Open for applications from Wednesday 20th May.
  • Scheme operates on a commercial basis to deliver an initial commitment of £250m of new government funding.
  • Financing will be unlocked by additional third-party investment on a match funded basis.
  • Applications submitted via an online platform based on a set of standard terms and eligibility criteria.
  • Half or more employees are UK based;
  • Half or more revenues are from UK sales.

Eligibility criteria:

Companies must be UK-incorporated and if part of a corporate group, only the parent company is eligible.

Companies in receipt of the loans will be required to have previously raised at least £250k in equity investment from third party investors in the last five years.

Only eligible companies that can attract at least 50% of third-party investment will receive funding.

Companies cannot have any of their shares traded on a regulated market, multilateral trading facility or other listing venue.

  • The company must have been incorporated on or before 31st December 2019.
  • At least one of the following must be true for the company:
    • Half or more employees are UK based;
    • Half or more revenues are from UK sales.

For further information, please download the Future Fund Fact Sheet here or visit the Future Fund web pages.

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Future Fund Loans