The Government has recently announced some details, with more to be released soon, of their new Future Fund for innovative businesses.
The fund will provide government loans to UK-based companies ranging from £125,000 to £5 million, subject to at least equal match funding from private investors. The announcement has been welcomed by a number of Greater Manchester startups but there are still many unanswered questions on eligibility and there are a significant number of bootstrapped and angel funded businesses who will not benefit from this or other government schemes.
There has also recently been announced discretionary funding for businesses who cannot benefit from the rates relief grants and also the new Bounce Back loan, providing up to £50k loans for businesses whose revenue streams have been impacted by COVID-19.
During this event, we’ll hear from an expert panel who will answer your burning questions about The Future Fund, the Bounce Back scheme and other grants and funding opportunities for startups, scale ups and small businesses.
About our speakers:
Dom Hallas is the Executive Director of The Coalition for a Digital Economy (Coadec), representing startup and scaleup tech companies in public policy debates in the UK.
Before being appointed to his current role in 2018, he served in the UK Government's Department for Exiting the European Union working on Diplomatic Strategy.
Dave Furlong is a highly experienced banking, venture capital and private equity professional with a 20 plus year track record in mid-market and SME funding.
Most recently, Dave led the North West Equity component of the Northern Powerhouse Investment Fund ("NPIF") on behalf of Maven Capital Partners UK LLP, with the fund investing in 40+ high potential, early stage businesses to drive economic growth, employment and the development of sustainable high growth businesses across the North of England.