Written Question·Department for Business and Trade·UIN 42001
Investment Fund for Scotland
Tabled: 27 March 2025
Answered: 9 April 2025
Named DayQuestion
Dave Doogan
Scottish National Party — Angus and Perthshire Glens
To ask the Secretary of State for Business and Trade, how much has been allocated from the Investment Fund for Scotland to businesses to date; and what estimate he has made of the amount that will be allocated in each year of the Fund's operation.
Answer
Gareth ThomasA total of £150 million has been committed to the Investment Fund for Scotland. Three fund managers have been contracted to provide £110 million of this total in debt and equity finance to small businesses. The British Business Bank has retained the remai...
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