Written question asked by Chi Onwurah (Labour) on Tuesday, 2 November 2021, in the House of Commons. It was due for an answer on Monday, 8 November 2021 (named day). It was answered by Paul Scully (Conservative) on Monday, 8 November 2021 on behalf of the Department for Business, Energy and Industrial Strategy.

Future Fund

Question: To ask the Secretary of State for Business, Energy and Industrial Strategy, how much investment support was allocated via the Future Fund to businesses in (a) London and the South East, (b) the North East and (c) the UK; and how many businesses in each region who received support via the Future Fund had their loans converted into equity stakes.

Answer

The requested information is provided in the table below:

Location	Value of investment (£ millions)	Number of companies	Number of conversions
London and the South East	774	780	114
The North East	27	30	2
The United Kingdom	1,137	1,190	173

Secondary information

Type: Written question
Reference: 68262
Session: 2021-22
Related items: Future Fund
Tuesday, 23 November 2021
Written questions
House of Commons; Future Fund: North East
Wednesday, 1 December 2021
Written questions
House of Commons; Future Fund: Stocks and Shares
Friday, 3 December 2021
Written questions
House of Commons
Transferred: Yes
Subjects: Future Fund
Contains statistics: Yes
Link: View this Written question on www.parliament.uk