Government’s Future Fund rescue capital, set up amid Covid pandemic, backs a further 53 firms
Cumbrian base of The Lakes Distillery, which is on a list of firms supported by the British Business Bank’s Future Fund.Cumbrian base of The Lakes Distillery, which is on a list of firms supported by the British Business Bank’s Future Fund.Last modified on Fri 27 Jan 2023 07.04 GMT
The British Business Bank’s Future Fund was set up by Rishi Sunak when he was chancellor. It was established during the height of the Covid pandemic to support startups and innovative firms through the crisis, and has given 1,190 companies funding worth £1.14bn in total. The latest data reveals stakes in companies including Sanitary Owl Ltd, a certified B Corp that makes toxin-free carbon negative period products under the brand Dame, and Roslin Technologies, an Edinburgh-based firm that produces meat produced directly from cells without the use of animals.
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