Future Fund

(asked on 2nd November 2021) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, how much investment support was allocated via the Future Fund to businesses in (a) London and the South East, (b) the North East and (c) the UK; and how many businesses in each region who received support via the Future Fund had their loans converted into equity stakes.


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 8th November 2021

The requested information is provided in the table below:

Location

Value of investment (£ millions)

Number of companies

Number of conversions

London and the South East

774

780

114

The North East

27

30

2

The United Kingdom

1,137

1,190

173

Reticulating Splines