The UK government has announced a further extension for Future Fund applications to 31 January 2021.
The Future Fund, aimed at UK startups in response to the impact of COVID-19, was officially launched on 18 May 2020. Initially, the government made £250 million available for investment through the scheme, to be matched by private investors, with the Treasury making clear the amount could be increased if needed. Due to the popularity of the fund, more funding has since been made available with the scale of the scheme being kept under review throughout.
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