Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what assessment he has made of the effectiveness of the Investment Fund for Northern Ireland since it was established.
The Investment Fund for Northern Ireland was launched in November 2023 with the aim to deliver a £70 million commitment to smaller businesses in Northern Ireland, alongside investment from the private sector. Since its launch, the fund has deployed almost £10 million in debt funding and equity investment to local businesses at differing stages of their growth journey.