Today, the Government launched a new loan scheme for innovative businesses that are in the
pre-revenue or pre-profit phase of operations.
We’re talking about businesses that are incredibly entrepreneurial and dynamic, with huge potential, but often have to rely on equity investment as a means to raise capital. These businesses can now apply for a convertible loan of between £125,000 and £5 million, to support continued growth and innovation.
For more information follow the link below; https://www.gov.uk/governme…/news/future-fund-launches-today