1/ Innovation and entrepreneurship have powered growth in this country for centuries, and it is what will drive our growth as we recover from this crisis.
So today I launched two initiatives to support the most innovative firms in the county, worth £1.25bn.
So today I launched two initiatives to support the most innovative firms in the county, worth £1.25bn.
2/ Firstly, a new £500m #FutureFund, to make sure that high growth companies across the UK can continue to access investment.
Launching in May and delivered in partnership with @BritishBBank we’ll provide UK-based early-stage companies with loans between £125,000 and £5m.
Launching in May and delivered in partnership with @BritishBBank we’ll provide UK-based early-stage companies with loans between £125,000 and £5m.
3/ Our Future Fund will match investments made by private investors in early-stage businesses, on terms that protect the UK taxpayer.
4/ Secondly, alongside the new Future Fund, the Business Secretary, @AlokSharma_RDG, has worked closely with @innovateuk to provide £750m of grant and loan funding for tens of thousands of existing and new highly innovative firms in every sector, region and nation of the UK.
5/ As we look ahead and start to plan for our recovery, it is critical we don’t just maintain companies and jobs that already exist.
But that we also encourage the businesses, jobs and technologies of the future. gov.uk/guidance/claim…
But that we also encourage the businesses, jobs and technologies of the future. gov.uk/guidance/claim…
