Menu

Future fund - what you need to know

 

The Future Fund launches today, here Juliet Rogan, Barclays Head of High Growth & Entrepreneurs Coverage, explains the headline terms and how to apply.

The Future Fund is a new bridge scheme to issue convertible loans to startups and other innovative companies struggling due to the Coronavirus outbreak.

The scheme will initially make up to £250 million available in total. The government will keep this amount under review and it will be delivered in partnership with the British Business Bank. It will stay open until the end of September 2020, but it is on a first come, first served basis.

It is also important to note that match funding is not compatible with EIS or SEIS investment.

Watch below to find out what else you need to be aware of.

 


 

 

You can read the full terms of the fund in our factsheet here.

Barclays (including its employees, Directors and agents) accepts no responsibility and shall have no liability in contract, tort or otherwise to any person in connection with this content or the use of or reliance on any information or data set out in this content unless it expressly agrees otherwise in writing. It does not constitute an offer to sell or buy any security, investment, financial product or service and does not constitute investment, professional, legal or tax advice, or a recommendation with respect to any securities or financial instruments.

The information, statements and opinions contained in this content are of a general nature only and do not take into account your individual circumstances including any laws, policies, procedures or practices you, or your employer or businesses may have or be subject to. Although the statements of fact on this page have been obtained from and are based upon sources that Barclays believes to be reliable, Barclays does not guarantee their accuracy or completeness.

Share this page

Go back to the top of the page