Future Fund: Breakthrough
Status not published
Deployment period for the GBP 375 million programme has concluded; the Bank continues to manage the existing portfolio.
Investor-led equity programme: company must be raising a round of at least GBP 20m and have raised at least GBP 5m equity from third parties in the last five years; UK incorporated with R&D intensity criteria.
public · national
Deadline: Open all year — Deployment period for the GBP 375 million programme has concluded; the Bank continues to manage the existing portfolio.
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Quick — mostly identity and bank details.
Who can apply
- Sectors: deeptech, health, climate, ai
- Stage: Series A and growth
- R&D activity required
- Locally registered entity required
UK incorporated, at least half of employees in UK; R&D spend at least 10% of cost base (avg 3 yrs) or 15% in one year; minimum round GBP 20m.
Related reading: How grant deadlines actually work · The Companies House number, explained
"The company must be raising a minimum investment round size of £20m."
Last checked against the official page on 5 October 2026
Source: www.british-business-bank.co.uk
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