Hear about how Zara and her team are addressing client needs for Future Fund applications.

I knew the Future Fund would be popular but if the unconfirmed press reports are to be believed, on the first day alone somewhere in the region of £450m in matched funding was applied for meaning that £900m of funding for new businesses has been pledged. 

It’s become customary to tune into the latest daily briefing from the UK Government and we have become well-versed in the assistance and support provided being offered during this pandemic. A number of my colleagues have already commented on the support available, which can be found on our Coronvirus Hub page.

The Scottish Government have also rolled out Scottish-specific initiatives to help support business during these challenging times

A month or so ago, I published my thoughts on the Future Fund. Following a period of deliberation and degree of criticism of the scheme from various segments of the funding community, the key documentation has now been published.  It is this documentation that companies and investors will have to sign up to in order to obtain the matched-funding from the Future Fund. 

The SEISS was announced by Chancellor Rishi Sunak on 26 March 2020. The Government has since published further guidance on what the scheme will provide, who is eligible and how to claim.