Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what the criteria are for businesses to access the £375 million Government funding to help scale-up the most innovative, research and development intensive businesses.

Future Fund: Breakthrough is a new £375m UK-wide programme that will encourage private investors to co-invest alongside government in high-growth, innovative firms that have received prior equity investment. The programme will launch in the early summer of 2021 and will support the growth of UK-based, R&D intensive companies.

Detailed eligibility criteria will be published once the programme is open for applications.