COVID 19 : The Future Fund Support Scheme

Businesses that rely on equity investment and haven’t been covered under the Government’s previous support schemes could be eligible for the Future Fund. The Future Fund provides loans ranging from £125,000 to £5 million, on the proviso that this amount is at least matched by equity investment. To be eligible businesses must meet the following criteria:

be UK-incorporated - if your business is part of a corporate group, only the parent company is eligible

have raised at least £250,000 in equity investment from third-party investors in the last 5 years

none of its shares are traded on a regulated market, multilateral trading facility or other listing venue

incorporated on or before 31 December 2019

have either a minimum of 50% employees based in the UK OR have a minimum of 50% of revenues from UK sales

You can find more information on how to apply at https://www.uk-futurefund.co.uk/s/ or for help and advice, get in touch to see how we can help on 01274 588115 or via email@smithbutler.co.uk.