Government consultation on ‘Financing growth in innovative firms’
UKBAA would like to draw its members attention to the Treasury’s open consultation on how to increase the supply of capital to growing, innovative firms.
The UK provides a fertile ground for world-leading innovation, but a lack of effective supply of patient capital continues to hold some UK firms back from commercialising this innovation successfully. This consultation sets out the evidence around a gap in the supply of patient capital in the UK. It then considers potential policy options that might help to address any gap.
UKBAA will be coordinating a response on behalf of our members; to input into the response please feel free to contact us. The deadline for responding to the Treasury is 22nd September.
The consultation is being published as part of the Treasury’s Patient Capital Review.