British Business Bank · Awarded contract
Awarded

Administration of the UK Future Fund Scheme for Innovative Businesses Impacted by Covid-19

Awarded 17 May 2020

View live tenders
Awarded17 May 2020
Value£5,730,000.00
RegionUnited Kingdom
CategoryFinance & Insurance
Ended 4y 12mo ago1y 6mo term
Awarded 17 May 2020Expired 17 Nov 2021

British Business Bank awarded a contract to PricewaterhouseCoopers LLP for the administration of the Future Fund, a scheme announced by the Chancellor of the Exchequer to support innovative UK businesses impacted by Covid-19.

The Future Fund provided convertible loan notes to eligible companies on a matched basis, requiring eligible investors to invest as a condition for government support.

The contract value was £5,730,000.

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