The British Business Bank (“BBB”) has launched a new fund, whereby the BBB (which is backed by the UK government), will co-invest with certain investors in high-growth, innovative firms. It is called Future Fund: Breakthrough...more
Following the successful run of the government-backed Future Fund, the British Business Bank has announced that it is set to launch a further fund for development, Future Fund: Breakthrough. This scheme is set to provide up...more
The UK Government’s Future Fund, a co-investment initiative to help UK start-ups, is now live and accepting applications. Under the scheme, which was announced on April 20, the government will provide convertible loans...more
With many early-stage, high growth businesses facing economic upheaval and pressure on their cash flow as a result of COVID-19, the Chancellor of the Exchequer has announced a £1.25 billion support package to help innovative...more
The Coronavirus Business Interruption Loan Scheme (CBILS) was launched by the UK government on 23 March 2020 to help businesses to keep operating during the COVID-19 pandemic....more
In our client alert titled "Government-backed initiatives to support businesses impacted by the Coronavirus," we gave an overview of various measures announced by the UK Government to help UK business through the economic...more