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Investment Fund for Northern Ireland

Asked by Mr Gregory CampbellDemocratic Unionist PartyDepartment for Business and TradeTabled Answered 24 February 2025UIN 29416

The question

To ask the Secretary of State for Business and Trade, what assessment he has made of the effectiveness of the Investment Fund for Northern Ireland since it was established.

Answered by Sarah Jones

The Investment Fund for Northern Ireland was launched in November 2023 with the aim to deliver a £70 million commitment to smaller businesses in Northern Ireland, alongside investment from the private sector. Since its launch, the fund has deployed almost £10 million in debt funding and equity investment to local businesses at differing stages of their growth journey.

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