Government teams up with private funds to back start ups

Posted on 02 Mar 2016
Share Blog Post

 Government teams up with private funds to back start-ups

The government is teaming up with private equity investors in a scheme to put money into technology start-ups. The £7.3m pilot is intended to keep Britain on the front line of technology and innovation by combining the extensive reach of government programmes with investors’ expertise in picking winners. Under the new scheme, companies can apply for support of up to £150,000 to test ideas. Seventy per cent of this will be a non-repayable grant, with the remaining 30% coming from one of seven selected private equity firms.

Source:   The Times (17/01/2018)

View more blog posts

NIC hammer blow
Posted on 23 Jun 2025
NIC hammer blow
read more
Youth mobility scheme
Posted on 21 May 2025
Youth mobility scheme
read more
Businesses unaware of MTD
Posted on 14 May 2025
Businesses unaware of MTD
read more
Two tier tax system introduced
Posted on 07 May 2025
Two tier tax system introduced
read more
Back To Top
01604 660661