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Future Fund

Articles on the Future Fund government initiative launched to support innovative companies facing financial difficulties due to the COVID-19 pandemic. The fund was aimed at startups and high-growth businesses, and provided convertible loans between £125,000 and £5 million, with the option to convert into equity at a later stage.

Venture Capital Funding

Demand for Future Fund drains its £250m capacity within just one day

Start-ups apply for over £400m worth of funding from Future Fund on its first day, exhausting initial £250m capacity

Venture Capital Funding

Start-up founders give £250m Future Fund the thumbs-down

EU state aid rules prevent government’s £250m Future Fund being combined with existing tax reliefs such as Enterprise Investment Scheme

Alternative Finance for Business

Future Fund investors could be offered 30% tax break

Treasury debating whether to offer EIS tax relief to investors co-investing in its £500m Future Fund scheme

Alternative Finance for Business

What is a convertible loan note? Future Fund scheme explained

The government's £500m Future Fund offers up to £5m to growth companies through convertible growth notes. Timothy Leeson explains the pros and cons of convertible loan notes