Tech investors hail Chancellor’s measures set to ‘bring talent to the UK’ and boost sector growth Naomi Ackerman
Tech investors have hailed the Chancellor s latest measures aimed at helping Britain s innovative firms grow and attract the world’s top tech talent.
Wednesday’s Budget revealed a new Future Fund: Breakthrough initiative, which will see the Government invest up to £375 million in taxpayers’ money - matched by private investment - into larger and highly innovative British tech firms that are aiming to raise at least £20 million of funding.
It follows on from Rishi Sunak’s Future Fund, which has seen more than £1 billion in Government loans put behind 1,000 UK startups since the pandemic hit.
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