UK Government Launches Future Fund to Help Early-Stage Startups

UK Government, Future Fund, early-stage startups, coronovirus (COVID-19)
UK Government Launches Future Fund to Help Early-Stage Startups

The UK government has launched a £250 million Future Fund to help early-stage startups during the coronavirus (COVID-19) crisis. As expected, the Future Fund will be managed by the British Business Bank and will offer eligible startups between £125,000 and £5 million via convertible notes. These notes will be converted to shares on the startup’s next funding round. Also, private venture capitals are expected to match the remaining half of the funding. Applications for the fund will initially be open until the end of September.

Robotic Solutions to Simplify Business Processes– The Changing Scenario of B2B Enterprises

Source: https://techcrunch.com/2020/04/19/uk-gov-announces-future-fund/

Previous articleVerizon Acquires B2B Videoconferencing Platform BlueJeans
Next articleCOVID-19 Financial Crisis – Best Time to Start with a Blank Slate