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Chamber and committees

Question reference: S6W-28274

  • Asked by: Maurice Golden, MSP for North East Scotland, Scottish Conservative and Unionist Party
  • Date lodged: 20 June 2024
  • Current status: Answered by Kate Forbes on 18 July 2024

Question

To ask the Scottish Government what unspent funding the Scottish National Investment Bank currently has available to issue to applicants.


Answer

The Scottish National Investment Bank is operationally independent of Government. It makes commercial debt and equity investments to deliver on the three Missions set for it by Scottish Ministers. The Scottish Government will provide the Bank with £174m of budget for investment during 2024-25. Some of that budget will support existing investment commitments with the remainder available for new and follow-on investments.