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Business: Northern Ireland

Asked by Mr Gregory CampbellDemocratic Unionist PartyDepartment for Business and TradeTabled Answered 2 July 2025UIN 63283

The question

To ask the Secretary of State for Business and Trade, Pursuant to the Answer of 26 June 2025 to Question 61117 on Business: Northern Ireland, what his planned timetable is for allocating the remaining funding to businesses in Northern Ireland.

Answered by Gareth Thomas

The £70 million Investment Fund for Northern Ireland launched in November 2023. The Fund has an investment period of five years, so the approximately £52 million remaining should be fully invested by November 2028.

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