From 20 May 2020, Future Fund loan applications are now open for businesses affected by the coronavirus outbreak.
The Future Fund is designed to support innovative UK businesses and start-ups who typically rely on equity investment, including those in the technology, life sciences and creative industries sectors.
Eligible businesses can apply for a convertible loan worth between £125,000 and £5 million, which must be at least matched by investors.
Your business may be eligible if it meets the below criteria:
For full eligibility details, including investor criteria, click here.
The Future Fund is investor-led, meaning that a private investor (or investors) must apply in connection to a business.
The company must then confirm the information supplied, before submitting the full application.
To complete the Future Fund application form, visit British Business Bank.
If you are looking for support regarding the Future Fund, or any other coronavirus business support scheme, we are here to help. Please contact us (firstname.lastname@example.org) or speak to your usual Lubbock Fine contact.