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Written question asked by Lord Kilclooney (Crossbench) on Wednesday, 28 October 2020, in the House of Lords. It was due for an answer on Wednesday, 11 November 2020. It was answered by Lord Callanan (Conservative) on Wednesday, 11 November 2020 on behalf of the Department for Business, Energy and Industrial Strategy.


Clean Growth Fund

Question

To ask Her Majesty's Government how many applications have been submitted to the Clean Growth Fund; and how many of those applications were from Northern Ireland.

Answer

The Clean Growth Fund considers applications from right across the UK, including Northern Ireland. It will invest in UK companies and create a diverse portfolio spanning the breadth of the Clean Growth sector.

This is a commercially run Fund, managed by Clean Growth Investment Management. Her Majesty’s Government is not involved in investment decisions.

Since the Fund was launched in May 2020, the Fund Manager has received 449 enquiries to date. Of these, there have been a minimum of three expressions of interest from companies based in Northern Ireland. This is a minimum as not all expressions of interest include geographical data.


Secondary information

Type
Written question
Reference
HL9726
Session
2019-21
Subjects
Northern Ireland Clean Growth Fund
Contains statistics
Yes
Link
View this Written question on www.parliament.uk