The UK government recently issued final guidance on its Coronavirus Future Fund (the Scheme) launched in April to support innovative and fast-growth businesses through the Covid-19 outbreak. Privately owned UK companies that have raised at least £250,000 of equity finance in the last 5 years are entitled to apply for loans of up to £5,000,000 provided the government funds are at least matched by the business’s existing investors. The Scheme is administered by the British Business Bank.
