Services
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.
