British Business Bank Publishes Data on Future Fund
British Business Bank Publishes Data on Future Fund The British Business Bank has published Future Fund data on the 971 companies that have been approved for £975.5 million worth of Convertible Loan Agreements since launch last May. The Future Fund is designed to support early-stage ventures that typically do not have the capacity to borrow money as they generate losses. The UK government created the program so the entrepreneurial class, important for long term growth, was not devastated by the COVID-19 health crisis. Both Crowdcube and Seedrs have utilized the scheme to help raise capital ...
Source: crowdfundinsider.com