Explainer: The UK government’s Future Fund

There’s been a lot of discussion of the UK government’s new startup support scheme, the Future Fund. A provisional loan note term sheet…

There’s been a lot of discussion of the UK government’s new startup support scheme, the Future Fund. A provisional loan note term sheet has been released by the government, leading to a bit of confusion about what it means.

We’ve published a G-sheet explainer to help make things a bit clearer and walk through some “what if” scenarios around conversion, repayment, etc. But it comes with the caveat that the terms are still subject to change as the scheme gets finalised.

Take a look here and let us know what you think!