Written Question·Department for Business and Trade·UIN 63283
Business: Northern Ireland
Tabled: 27 June 2025
Answered: 2 July 2025
Named DayQuestion
Mr Gregory Campbell
Democratic Unionist Party — East Londonderry
To ask the Secretary of State for Business and Trade, Pursuant to the Answer of 26 June 2025 to Question 61117 on Business: Northern Ireland, what his planned timetable is for allocating the remaining funding to businesses in Northern Ireland.
Answer
Gareth ThomasThe £70 million Investment Fund for Northern Ireland launched in November 2023. The Fund has an investment period of five years, so the approximately £52 million remaining should be fully invested by November 2028.