UK government announces a £250M Future Fund, to provide up to £5M of funding to qualifying high-growth companies, and £750M in loans and grants for R&D by SMBs
After mounting pressure from the U.K. tech startup ecosystem, and much debate, the British government today unveiled plans …
To clarify, the convertibles will automatically convert to equity except in a very few instances. The Treasury press release and pre-briefing was confused. See my full report. https://techcrunch.com/...
It's great to see the government offering support to UK startups during this crisis but sticking a midnight Monday embargo on financial support when time may be very limited for some of the eligible companies feels a little strange. https://twitter.com/...
UK government announces public/private match funding with convertible loan instrument for seed to later stage companies. 250k-£5m Plus 750m grants @innovateuk To keep UK at forefront of European innovation. https://techcrunch.com/...
UK gov announces ‘Future Fund’, pledging £250M match funding in convertible loan notes for young companies impacted by coronavirus https://techcrunch.com/...