Current status: Answered by Kate Forbes on 18 July 2024
To ask the Scottish Government what unspent funding the Scottish National Investment Bank currently has available to issue to applicants.
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.