National Security Strategic Investment Fund: Small Businesses
The question
To ask the Secretary of State for Science, Innovation and Technology, what is the maximum value of an award given to a Defence SME as part of the National Security Strategic Investment Fund.
Answered by Kanishka Narayan
NSSIF invests in dual use companies across Quantum, Space, AI, and Emerging Technologies, on a range of cheque sizes, co-investing typically at Seed or Series A. NSSIF tends to take a minority stake and not lead the rounds. Details of many of the companies in NSSIF's investment portfolio are published on NSSIF's website (www.nssif.gov.uk).
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