Extra £10m for SFC ‘to provide funding for another 100 UK startups’

Quick Summary:

The firm announced in January that it has invested in over 500 UK startups since 2012, including the likes of Onfido, Cognism, and Transcend Packaging.

This comes after a £15m commitment from the programme in 2020, which SFC fully deployed across more than 150 companies.

The commitment is expected to provide funding for 100 early-stage businesses across the UK, unlocking a total of £100m in new funding for startup and scaleup businesses.

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Article Details

Author / Journalist: Patrick Killeen

Category: InvestingBusiness

Markets: United Kingdom

Topics: Businesses Commitment Capital Programme Investor British Angels Business Invested Regional Investments

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-12 @ 14:20:38 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: businesscloud.co.uk

Language: English

Article Length: 348 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 50 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BusinessCloud

News ID: 26105510

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