Written Question·Department for Business and Trade·UIN 42001

Investment Fund for Scotland

Tabled: 27 March 2025
Answered: 9 April 2025
Named Day

Question

Dave Doogan

Scottish National PartyAngus 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 Thomas
A 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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