Subject	Predicate	Object
r1ZfZ94u	a	Resource
		Answer
		Written answer
	answer has question	FmYlhJPP
	answer has answering person	Kevin Paul Hollinrake
	answer text	<p>British Patient Capital (BPC) was created in 2018 following the Patient Capital Review, and allocated £2.5 billion to invest over the ten years to 2028/29. In July 2021, it was allocated a further £375m to deliver the Future Fund: Breakthrough programme and £200m to deliver the Life Sciences Investment Programme (LSIP). As at 31 March 2022, total value of all commitments and co-investments reached £1.6bn across 61 fund commitments, four co-investments from BPC’s Core programme, and five Future Fund: Breakthrough deals. At Spring Budget 2023, BPC’s mandate was extended until 2033/34.</p>
	answer given date	2023-03-23
	answer has answering body	Department for Business and Trade
	written answer has answering body	Department for Business and Trade
Department for Business and Trade	answering body has written answer	r1ZfZ94u
Department for Business and Trade	answering body has answer	r1ZfZ94u
FmYlhJPP	question has answer	r1ZfZ94u
Kevin Paul Hollinrake	answering person has answer	r1ZfZ94u