Source · Select Committees · Defence Committee
Recommendation 10
10
Paragraph: 50
Venture capitalism helps to drive innovation in defence and associated industries.
Conclusion
Venture capitalism helps to drive innovation in defence and associated industries. However, we heard concerns that venture capitalist funding could represent an avenue for hostile foreign investors to gain entry into the UK defence supply chain. The Minister for Business and Industry told us that the National Security and Investment Bill legislates in this area to protect national security-sensitive entities.
Paragraph Reference:
50
Government Response
A response document is linked to this report, dated 27 April 2021. Response attribution to this conclusion has not been verified. Read the response document ↗