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Written question asked by Chi Onwurah (Labour) on Thursday, 16 December 2021, in the House of Commons. It was due for an answer on Wednesday, 5 January 2022. It was answered by George Freeman (Conservative) on Thursday, 6 January 2022 on behalf of the Department for Business, Energy and Industrial Strategy.


Life Sciences: Finance

Question

To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 2 December 2021 to Question 79368, what progress has been made on attracting investment for Life Sciences Investment Programme.

Answer

There has been a strong response to the Life Sciences Investment Programme request for proposals, which was published on 7 July 2021. The British Business Bank is holding talks with fund managers who expressed an interest, and the first investments are expected to be announced during the first half of 2022.


Secondary information

Type
Written question
Reference
94371
Session
2021-22
Related items
Future Fund and Life Sciences
Thursday, 2 December 2021
Written questions
House of Commons
Subjects
Finance Life sciences
Link
View this Written question on www.parliament.uk