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A few reflections on 
@hmtreasury support for #startups & #scaleups. Firstly,
to @RishiSunak @hmtreasury 4 recognising these businesses will be a driving force 4 post-Covid19 economic recovery & 
to all from #tech who worked tirelessly to help design the schemes. (1/4) https://twitter.com/hmtreasury/status/1252178313331773441
@hmtreasury support for #startups & #scaleups. Firstly,to @RishiSunak @hmtreasury 4 recognising these businesses will be a driving force 4 post-Covid19 economic recovery & to all from #tech who worked tirelessly to help design the schemes. (1/4) https://twitter.com/hmtreasury/status/1252178313331773441
With a wide investment range the #FutureFund is 4 startups & scaleups & co-investment strikes right balance between govt stepping up & investors having skin in the game. The (underreported) boost 2 @innovateuk funding is potentially transformational in focussing
on R&D. (2/4)
on R&D. (2/4)
However the schemes have (amber) flags. E.g. impact of govt taking equity on ability to secure top tier later stage investment (& uncertainty of transfer rights). But we’re not inventing this approach and could learn from @EUeic who’ve been doing this for >6 months. [3/4]
govt taking equity on ability to secure top tier later stage investment (& uncertainty of transfer rights). But we’re not inventing this approach and could learn from @EUeic who’ve been doing this for >6 months. [3/4]
Finally, it would be a travesty if a huge injection of govt exacerbates existing tech inequities, esp challenges of underrepresented founders securing funding. @BritishBBank @innovateuk must be held accountable 4 changing tech 4 the better, not securing it in the past. [4/4]
exacerbates existing tech inequities, esp challenges of underrepresented founders securing funding. @BritishBBank @innovateuk must be held accountable 4 changing tech 4 the better, not securing it in the past. [4/4]
