Written question asked by Baroness Randerson (Liberal Democrat) on Thursday, 31 March 2022, in the House of Lords. It was due for an answer on Thursday, 14 April 2022. It was answered by Lord Callanan (Conservative) on Wednesday, 13 April 2022 on behalf of the Department for Business, Energy and Industrial Strategy.
Future Fund
- Question
-
To ask Her Majesty's Government how many companies have been scrutinised following quarterly filing of management information under the Future Fund Scheme; and what details are required as part of that management information.
- Answer
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Companies receiving investment from the Future Fund did so under a Convertible Loan Agreement (CLA) on standard terms. Schedule 4 of the CLA specifies management information that the company is required to provide each quarter. The British Business Bank scrutinises all management information submitted by Future Fund companies.
The CLA is a public document, a copy of which is attached.
Secondary information
- Type
- Written question
- Reference
- HL7577
- Session
- 2021-22
- Attachment
- Convertible-loan-agreement
- Subjects
- Future Fund
- Contains statistics
- Yes
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2022-04-13 10:39:17 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2021-22/HL7577
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2021-22/HL7577
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2021-22/HL7577