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***COMING EARLY JANUARY***             Albion VCTs offers an investment into an existing balanced portfolio of around 60 businesses with a net asset value of around £660m.  Albion Capital is an experienced manager with over 25 years of venture investing under their belt.  The VCTs’ current focus is to make investments in high growth companies, with a focus on technology, particularly within B2B software, healthcare and mission critical tech enabled services in the UK, targetting a tax free income yield of around 5% p.a.   The 2023/24 raise for £60m will be conducted across 5 of the 6 Albion VCTs.

Arie Capital Technology EIS will provide private investors access to exciting UK technology start-ups and early growth companies that are solving real-world probelms and making a social impact. Investments will be made into 5-10 companies, for amounts between £100k to £500k per company.  Primary investment sectors are FinTech, Sustainable Technology, Ecommerce, MediaTech, MedicalTech, Connectivity, DeepTech and EdTech.

The Offer for Baronsmead VCTs is open and looking to raise £30m with an overallotment facility for a further £20m.  Applications will be accepted from Monday 4th December.   The Baronsmead VCTs seek to invest in innovative companies that Gresham House believe will be crucial to the UK economy in the years to come, providing capital and expertise to accelerate growth at a critical stage of their journey.  Both VCTs have a ‘generalist’ approach, investing in high growth unquoted, AIM-traded and other listed companies. The VCTs have similar portfolios and co-invest alongside each other. The VCTs were established in 1995 and have a combined AUM of circa £400m, invested in a diversified portfolio of over 165 quoted and unquoted companies.   The first allotment is scheduled for 11th January 2024.

Blackfinch has created the Adapt AIM Portfolios to offer a swift and simple solution to the challenge of IHT. Assets become up to 100% exempt from IHT after a two-year qualifying period. The service allows you to stay in control of the invested capital while also offering the potential for returns. Our discretionary services can help you mitigate Inheritance Tax (IHT), without missing out on the market. We focus on capital preservation, growth and tax efficiency, while targeting returns through highly diversified portfolios. Advantages of AIM investment include ISA eligibility, while flexible structures ensure control. Our partnership with Chelverton ensures high diversification.

The Blackfinch Spring VCT invests in early stage high-growth technology-enabled companies. The Company is seeking to raise up to £20 million (with an over-allotment facility of up to a further £10 million). The objective of the Company is to invest in innovative growth-stage technology-enabled companies which are on their scale-up journey. Investments are targeted in unquoted companies where there is likely to be a reasonable prospect of a trade sale or clear exit strategy in due course. The Company’s current portfolio consists of 23 Portfolio Companies, and it is expected to increase by a further 5-15 companies per annum. First allotment is scheduled for 29th November 2023.

The Blackfinch Ventures EIS Portfolios invest in high-growth technology companies throughout the UK, which operate across industry sectors.  Blackfinch are focussed on disruptive businesses, offering products that address real-world needs.  These firms have the potential to change the way we live and work, and are set to transform global markets. Blackfinch targets returns of 3-5x on investment, with their expert team supporting firms from initial investment to development to exit.  Blackfinch invests in businesses that share their views on ESG, supporting young, entrepreneurial firms with strong ESG values, often offering solutions which have a positive social impact.

The Companies are raising up to £65 million with an over-allotment facility to raise in aggregate up to a further £25 million. The investment policy of the Company is to invest in UK businesses across a broad range of sectors that blends a mix of businesses operating in established and emerging industries that offer opportunities in the application and development of innovation in their products and services. The Companies predominantly invest in unquoted smaller companies and expect that this will continue to make up the significant majority of the portfolio. They will also retain holdings in cash or near-cash Investments to provide a reserve of liquidity which will maximise the Companies’ flexibility as to the timing of investment acquisitions and disposals, dividend payments and share buybacks. The aim is to produce strong financial returns for investors and have a positive impact on society and the environment.       Default split will be 60:40 BSC/BSC2  

The Calculus VCT is looking to raise £10m with an over-allotment facility for a further £10m and is seeking to make investments into VCT qualifying companies in the fastest growing sectors in the UK - technology, healthcare and media.  The Calculus VCT consists of 38 portfolio companies across a unique sector blend. Calculus prefers to invest in companies with established, proven products and business models. They favour revenue generating companies, requiring proof of an explicit market need. There needs to be a clear route to exit, and, most importantly, a strong and adaptable management team aligned to Calculus' growth plans and exit timeframes. The VCT targets a regular annual dividend of 4.5% of NAV, which has consistently been met.

  Committed Capital are a growth stage venture capital investor, and their investment strategy has remained unchanged since 2001.  The Committed Capital Growth EIS Fund is an evergreen fund offering investors the opportunity to invest into a portfolio of actively managed, growth stage, post-revenue (over £1m annualised) technology companies, whilst also benefitting from the availability of the generous tax reliefs afforded by EIS.

The Deepbridge Innovation SEIS offers investors an opportunity to secure potentially attractive returns by investing in a diversified portfolio of seed-stage innovation companies. The Deepbridge Innovation SEIS will invest in a diversified portfolio of a minimum of five investee companies, each of which will focus upon the development and/or application of technological innovation to address an identifiable market demand or consumer need.  

The Deepbridge Life Sciences EIS represents an opportunity for private investors to participate in a selected portfolio of healthcare innovation, whilst taking advantage of the tax benefits available under the Enterprise Investment Scheme. The investment strategy of the Deepbridge Life Sciences EIS is to invest in a diversified portfolio of up to ten investee companies that participate in biopharmaceuticals, biotechnology and med-tech.  The global life sciences industry is one of the leading sources of innovation available today. During the 20th Century, life science research has resulted in scores of breakthrough therapies and new methods for the early detection of disease.

The Deepbridge Technology Growth EIS represents an opportunity for private investors to participate in a selected portfolio of innovative growth companies, taking advantage of the tax benefits available under the Enterprise Investment Scheme. The Deepbridge EIS focusses principally on energy and resource innovation, medical technologies, Business enterprise and other high growth IT-based technologies.    

The Endeavour Ventures Managed EIS Portfolio Service offers the chance to build a diverse portfolio of equity investments in small and medium sized enterprises (SMEs) in the UK, managed by one of the most successful and longest established boutique investment firms in the country. The Portfolio Manager builds each Investor their own portfolio of shares in qualifying unquoted and/or AIM quoted companies typically over several years. A typical portfolio will likely include a mixture of holdings in more established companies seeking capital growth and some earlier stage businesses identified as having the potential to provide capital growth.  Arrangement and Annual Management Charges are levied at the investee companies, see IM for more details.

Foresight Enterprise VCT is seeking to raise an additional £20 million of capital (with an over-allotment facility for up to a further £10 million) through the issue of new Shares in order to maintain and expand the Company’s portfolio of investments in UK small and medium-sized enterprises (SMEs).   This Offer provides Shareholders and new investors with the opportunity to invest in the Company, gaining immediate access to a diversified portfolio of investments in over 35 trading companies, many of which are making good progress and generating revenues.   The Manager has a specialist focus on investment opportunities in growing UK-focused companies, with enterprise values typically between £5 million and £25 million.  Key requirements include strong management teams, attractive market characteristics and a defensible competitive position, with investments made in the most attractive opportunities without sector bias.

The Foresight Inheritance Tax Solution (Foresight ITS) aims to deliver modest returns by predominantly targeting infrastructure or infrastructure businesses, including solar power plants, onshore wind, battery storage projects and the roll out of smart metering. These businesses are ideal for estate planning solutions, typically providing returns derived from long-term contracted revenue streams with limited correlation to listed markets. This factsheet provides information on a number of the companies held within Foresight ITS. The portfolio of a typical shareholder in Foresight ITS will comprise a combination of trades to provide diversification and manage risk.

Foresight has launched an new offer for subscription to raise up to £15m (with an over-allotment facility for a further £10m) by the issue of FWT shares.  The FWT Share class was launched in December 2019 and has already raised c.£27 million and has made 36 investments (including nine follow-ons).  FWT share class investors benefit from a maturing strategy which has been operating since 2016. Across the EIS and VCT funds, the FWT strategy has invested over £67 million into 34 companies across 64 investments and recorded two exits to date, generating an average return of 6.7x. The Fund and the investment team are now recognised as one of the UK’s leading and most informed investors in the deep technology and advanced engineering sectors. The FWT strategy is a unique collaboration between Foresight Group, a leading independent infrastructure and private equity investment manager which has been managing investment funds on behalf of institutions and retail clients for more than 39 years and WAE Technologies Limited (WAE), a global engineering and zero emissions powertrain business.

The Foresight VCT plc is a Venture Capital Trust aiming to provide investors with attractive returns from a portfolio of investments in fast growing, unquoted UK companies.  The Manager has a specialist focus on investment opportunities in growing UK-focused companies, with enterprise values typically between £5 million and £25 million. Key requirements include strong management teams, attractive market characteristics and a defensible competitive position, with investments made in the most attractive opportunities without sector bias.   This Offer provides Shareholders and new investors with the opportunity to invest in the Company, gaining immediate access to a diversified portfolio of investments in over 40 trading companies, many of which are making good progress and generating considerable revenues.    First allotment expected on or around 21st December 2023.

The Fund makes follow-on investments in existing portfolio companies. It targets at least 5 of the best performing companies in their portfolio who need additional capital to accelerate their already proven growth. The Follow-On EIS Fund will seek to invest in marketplaces, platforms, software as a service and digital transactional businesses.  By having most of their portfolio companies based in their co-working space, Fuel Ventures have a good understanding of which of their companies are fast growing and could benefit most from follow-on investment. This means they can deploy the funds in a short period of time, giving EIS investors the ability to carry-back their tax relief to the previous tax year.    

Fuel Ventures aim to find the most ambitious entrepreneurs building market leading companies, investing between £1m and £3m into companies with early commercial traction. The Fuel Ventures Scale Up EIS Fund invests in a portfolio of 15-20 technology companies, with a focus on marketplaces, platforms and software (SaaS). They have invested in a range of sectors to date, including fintech, logistics, manufacturing, events and the world of work.  The fund focuses on companies at the seed stage, which have the potential to generate lucrative returns. The companies will have an exceptional founding team, proven commercial traction and be ready to scale. By bringing most of the portfolio companies into Fuel Ventures' co-working space, they are able to provide hands-on support, advice and connections for a minimum of 12 months following investment    

The Fundamental AIM Inheritance Tax Portfolio has the objective of obtaining 100% relief from Inheritance Tax, as well as the potential for capital appreciation, by investing into qualifying AIM quoted companies. The Fundamental AIM Inheritance Tax Portfolio is an effective, proven and non-contentious tax planning method which avoids the costs, administration and loss of control associated with forming a trust or gifting. Subject to the size of the proposed portfolio, investment will typically be made in 20-30 qualifying AIM Quoted companies, covering a broad range of sectors and industries.

Great Point Estate Planning Service (GPEP) provides investors with access to Business Relief (BR) qualifying businesses which facilitate asset backed loans to media and entertainment companies, fully secured against government backed production incentives, pre-sale agreements and contracted future income streams from blue chip media entities, such as Amazon, Netflix, BBC and ITV.  The Service is currently invested in one company which has an eight-year track record of consistently delivering target returns, with zero defaults across the entire loan book to date. Through the Service investors will receive a portfolio of one or more carefully selected companies which are expected to qualify for BR (Companies and each a Company). Each Company will engage in the business of asset backed lending in the media sector, with each prospective loan subject to rigorous due diligence to ensure, as far as commercially possible, a predictable return over the long term.

The Guinness VCT will invest in growth stage companies that require scale-up capital across a range of sectors including technology, education, healthcare, manufacturing, retailing, leisure and food & drink. To be considered for investment, companies should have a product, service or technology that has already gained traction in the market such that they are now looking to raise scale-up funds to further commercialise their product or service. The Offer is seeking to raise up to £10 million with an over-allotment facility for a further £5m and will be open from 14th September 2023 until 28th June 2024, unless the Offer is fully subscribed before this date. Since launching the 2022 Offer, the Company has raised £4.5 million and invested £1.6 million in five VCT Qualifying Companies across a range of sectors, including advertising and marketing, business services, software and technology, retail and Edtech. Some £2 million of undeployed cash is currently invested in short term liquid instruments, including money market funds.

The Haatch EIS Fund invests in Seed-stage B2B businesses that have proven their product solves a deep pain by securing contracts with a consistent customer profile and showing early signs that customers will renew or expand those contracts. Haatch targets a minimum of £10,000 of monthly recurring revenue; however, in most instances, companies have more. The target portfolio is 4 - 7 investee companies per investor and the Fund aims to achieve a target return of 10x initial investment – not guaranteed. Qualifying investors can also benefit from a number of generous tax reliefs. The fund invests alongside British Business Investments (a wholly owned subsidiary of British Business Bank) in every investment it makes.   ***Next Tranche close 22nd December 2023 targeting full deployment in the current 2023/24 tax year***  

The Haatch SEIS Fund is designed to provide investors with a diversified portfolio of a minimum of seven investments, although a typical portfolio will target 9-15 pre-seed B2B SaaS companies that have proven market value by early signs of solving a deep pain for a defined buying persona. The Fund aims to achieve a target return of 10x initial investment – not guaranteed. Qualifying investors can also benefit from a number of generous tax reliefs.   The fund invests alongside British Business Investments (a wholly owned subsidiary of British Business Bank) in every investment it makes.   ***Soft close at the end of Novemeber 2023 targeting full deployment in the 2023/24 tax year***  

The Hambro Perks Growth EIS Fund creates diversified portfolios of fast-growth, early-stage, technology-enabled businesses that have the potential to reshape existing industries and create new markets. There are four verticals - Fintech (including Insurtech), Digital Healthcare, Enterprise Software (SaaS), and Consumer Technologies. The objective is to invest for significant capital gains in a selection of highly filtered, diligently assessed, disruptive companies, in carefully constructed portfolios blending sectors and stages. Hambro Perks believes that the best strategy in venture to produce excellent returns is to invest early and keep backing the winners. Each portfolio will contain new companies and follow-on investments in the emerging winners previously supported.  The fund aims to invest subscriptions into 10-15 companies within a timeframe of 12-18 months. Targeting a return of 2-3x initial capital subscribed with the majority of returns in years 4-7 after investment. There is clear alignment of interest, as Hambro Perks Limited, in which all staff have a stake, is invested in the Fund, and will participate in all investments alongside investors. There is no initial charge for advised applications, and no fees are charged to the underlying companies. This, along with many other factors such as Hambro Perks’ extensive experience, network and the support to portfolio companies, enables them to win the best deals. 10% of the subscription is held back to pay for management fees, meaning tax relief is available on 90%.   

Hargreave Hale AIM VCT is an established Venture Capital Trust that aims to generate capital gains and income from its portfolio and to make distributions to Shareholders from capital or income whilst maintaining its status as a Venture Capital Trust. Although the Company’s Qualifying Investments are primarily in companies that are listed on AIM, it also makes investments in private companies.    The Offer will allow new and existing Investors to gain or add to their exposure to public companies traded on AIM and to private companies through an investment company listed on the premium segment of the London Stock Exchange’s main market for listed securities. Under the new offer the company is looking to raise £20m with an over-allotment facility for a further £20m

The Fund has a mandate to focus on long-term capital growth and enables private investors to invest in a range of committed and ambitious entrepreneurs and their early stage growing companies.  By investing in a diverse portfolio of investee companies with a focus on a wide range of sectors and geographical locations, the Fund will reduce its exposure to any particular sector or investee company with no more than 25% of any Investor’s Contribution being invested into a single investee company (unless otherwise agreed with the investor). Target Portfolio size will be 5 - 10 companies.   ***Second tranche close mid December 2023 - deployment to commence immediately after the close with carry back available to tax year 2022/23***  

SEIS funds will be invested into early stage companies which are developing innovative and disruptive technologies whilst also enabling investors to attain attractive upfront tax reliefs. Each SEIS Investor’s subscription to the Fund will be invested in a portfolio of between  8 and 12 companies. Jenson has managed 9 SEIS exits to-date.   ***Next Soft Close 15th November 2023***  

Investors can apply for one or more of the Maven VCTs, and in respect of one or both of tax years 2023/24 and 2024/25. The aggregate amount to be raised under the Offers is up to £30 million, with each Maven VCT initially raising up to £5 million and having the option to utilise an over-allotment facility to raise up to a further £2.5 million.   Maven is one of the most active managers in the VCT industry, having consistently demonstrated that it has the investment expertise and resource to successfully deploy VCT funds in private and AIM quoted companies with strong growth potential. Maven’s regional business model allows its nationwide team to source, structure, manage and exit VCT investments throughout the UK.     The Maven VCTs were launched between 2000 and 2004 and have each benefitted from a number of successful fundraisings, which have increased their capacity to make VCT Qualifying Investments and expand their portfolios. The Boards are committed to adding further scale to their respective Companies and increasing absolute net asset value by growing their highly diversified portfolios. The funds raised will allow the Maven VCTs to continue the development of the portfolios through new investments, while also providing further funding to existing portfolio companies that are making tangible commercial progress and delivering sustained revenue growth.

The Mercia EIS Fund aims to triple invested capital within five to seven years, including tax reliefs, by investing in a well-diversified, early-stage, multi-sector technology fund. In order to achieve this, they expect one third of companies to fail, and one third to achieve over 3x. The Mercia EIS Fund's investments are focused on the under-served geographical regions of the UK, investing in sectors in which they have deep expertise. Target deployment is within 12 months of the fund soft closes of March, September and December each year, and the target portfolio size is 12 companies.  Investments are made into sectors which have modest capital requirements but high growth potential.  

***Due to open mid November***     The Mercia Knowledge Intensive EIS Fund allows private investors the chance to invest in a diverse portfolio of high growth business across multiple sectors including healthcare, deeptech and software.  Each portfolio will target 8-12 companies, and whilst full deployment will be targeted by April 2025, investors will recieve one EIS5 tax certificate and will be able to claim tax relief from the fund closing date.     

The board of Molten Ventures VCT plc is once more pleased to offer an opportunity to invest in this highly rated VCT with its consequent tax advantages. The Company is an established, technology focused VCT managed by Elderstreet Investments Limited, a subsidiary of Molten Ventures plc.  The New public offer is for Ordinary Shares with a target fundraise of £20 million (plus an over-allotment facility of up to £20 million).   The Company’s strategy is to invest in unquoted VCT qualifying companies principally in the technology sector. The Manager has particular expertise in growing businesses through a ’hands-on’ investment style and, in aggregate with Molten Ventures plc, Molten Ventures EIS and other funds under the management of Molten Ventures, aims to hold a significant stake and a board or observer positions in its portfolio companies. Molten Ventures screen thousands of business plans per annum, talk to about 1,000 companies and, in a typical year, targets approximately 15 to 30 investments, including follow-on investments.   Variable Early Bird discount available from 12th October until 28th February 2024, starting at 1.25% discount and scaling down by 0.25% each month.

The Nexus Investments' Scale-Up Fund invests in a portfolio of EIS companies across the Data, Digital, Education and Health sectors.  Since 2018, the fund's core focus is to invest in early stage companies led by credible and ambitious "mission driven" founders in sectors where the manager is able to leverage its group expertise to add significant strategic value.   The target investment sweet-spot is revenue-generating, post-Seed to Series B opportunities.  Target Portfolio size of 8-10+ companies and funds will deployed within 12-24 months of investment.  In 2022 the manager had a successful exit from a pre-fund holding of an EdTech company, which delivered some of it's earliest investors a multiple of 12.5x.   ***This fund has monthly closes at the end of each month***

The Fund is an opportunity for private investors to invest alongside Nova in their Cofoundery portfolio of early-stage companies. Each Investors funds are Coinvested with Nova into a diversified Cohort within Nova’s portfolio of at least ten early-stage companies.  Along with benefiting from the many years of operating experience accumulated by the Nova team investors are also benefiting from a very attractive category of tax relief available to UK investors. The Fund seeks to offer Investors a diversified exposure of a minimum of 10 Investee Companies each of which is engaged in solving industry problems with the use of a digital solution. It is envisaged that each Subscription will be deployed across each Investee Company on a diversified basis, at the discretion of Nova Growth Capital and the Investment Manager.  The fund targets quarterly deployments.      

Britain's first HMRC approved EIS knowledge intensive fund investing in companies focused on novel drug discovery and AI technologies.     The o2h human health EIS knowledge intensive fund is intended for investors who want to achieve capital growth (rather than income) by investing in a Portfolio of unquoted and/or AIM-listed companies, which have the potential to increase in value significantly.   The investment focus of the Fund will be therapeutic drug opportunities or technologies that enable drug discovery with an emphasis on Artificial Intelligence (AI). The geographic scope shall be UK wide but will target the growing Cambridge biotech cluster which is now the global headquarters of AstraZeneca, and is home to many biotech companies some of which have subsequently been snapped up by large pharmaceutical companies.    

The o2h Human Health SEIS fund is intended for investors who want to achieve capital growth (rather than income) by investing in a Portfolio of unquoted and/or AIM-listed companies, which have the potential to increase in value significantly.   The investment focus of the Fund will be therapeutic drug opportunities or technologies that enable drug discovery with an emphasis on Artificial Intelligence (AI). The geographic scope shall be UK wide but will target the growing Cambridge biotech cluster which is now the global headquarters of AstraZeneca, and is home to many biotech companies some of which have subsequently been snapped up by large pharmaceutical companies.   The founders themselves will invest a minumum of 10% of every investment.   The Fund has quarterly soft closes at the end of March, June, September and December - with targeted full deployment in the same tax year as the soft close date.  

The Octopus AIM VCTs are a tax-efficient way to invest in established portfolios of AIM-listed, UK companies with strong growth potential. Both Octopus AIM VCTs invest in VCT-qualifying companies that operate across a diverse range of sectors, from building materials and pharmaceuticals to software development.    The Companies are seeking to raise £20 million under the combined Offers, with an over-allotment facility of a further £10 million, subject to demand and at the Boards' discretion.   The VCTs have a strong track record of paying a steady stream of tax-free dividends to investors and more recently paying special dividends too.  Investors will benefit from access to established portfolios of around 90 AIM-listed companies, making the Octopus AIM VCTs a great way to gain exposure to this part of the UK economy in a tax-efficient manner.   New investors have the option of buying shares in one or both of the Octopus AIM VCTs. They can split their investment 60/40 between Octopus AIM VCT and Octopus AIM VCT 2, or place 100% of their investment into either VCT. As the two VCTs pay dividends at different times of the year, investing in both VCTs offers the potential for investors to receive four dividend payments per year. Each VCT independently has the right to close its fundraise at the board’s discretion. If either VCT closes you’ll be invested into the open VCT.     ***Loyalty discount of 1% on initial offer costs***

The Company is seeking to raise £35 million under the Offer, with an over-allotment facility of a further £15 million, subject to demand. The Offer is intended for investors looking for the potential to generate tax-free capital growth from a portfolio of over 40 companies focused on smaller, UK-based companies with high growth potential.   With net assets of £386 million as at 31 July 2023 invested in over 40 companies, Apollo is the second largest VCT in the UK.   The Company’s investment strategy involves identifying smaller companies, typically operating with a business-to-business ("B2B") software focus, that have already successfully commercialised. This means they typically have an established product offering and client base, and are looking to expand and grow to the next level. The Manager targets companies with recurring revenues, which are typically technology companies. This, in combination with a defensive approach to structuring many of the investments, can lead to a more resilient and less volatile return profile.

Octopus Titan VCT is looking to raise £125m with an over-allotment facility for a further £75m, early bird discount of 2% available until 21st December 2023.   Octopus Titan VCT invests in tech-enabled businesses with high growth potential. Managed by one of Europe’s most experienced investment teams, it currently has a portfolio of over 140 early-stage companies operating in a diverse range of sectors.  Launched over a decade ago Octopus Titan VCT is the largest VCT in the market, with circa £1.1bn of funds under management.     Octopus Titan VCT has a proud history of backing some of the UK’s most successful entrepreneurs, having made early investments in Depop and ManyPets, among many others. It continues to provide backing to promising companies with the potential to become household names.

***This Offer is temporarily closed - Tranche 8 will open later this year for new Subscriptions***   Octopus Ventures EIS Service was created to give investors the opportunity to invest in early-stage businesses with high growth potential, handpicked and managed by their expert investment teams. Octopus believes that there are three stages to achieving capital growth from investments in early-stage businesses, which the Octopus Ventures EIS Service is well placed to provide: Access to investment opportunities that have the potential to achieve high growth. Effective nurturing and support of a business as it matures. The ability to manage a successful exit. Your money will be invested in around ten to fifteen handpicked early-stage businesses. These businesses may be from different industries and sectors, providing you with a range of companies with high growth potential. The amount invested into each company in your portfolio may vary. A portfolio of ten to fifteen companies offers a good balance between diversifying your risk across several opportunities, while having enough concentration in each position that the value of any successful businesses within your portfolio can make a real difference to the value of your overall investment.    

The OnePlanetCapital Climate Change EIS Fund allows investors to invest in a diversified portfolio of EIS eligible companies that are combating climate change. The fund invests in companies that have developed technology and processes that when scaled will decrease emissions and impact climate change and environmental issues.   The Fund targets 3 sub sectors where we see the greatest commercial return combined with environmental impact: Energy markets Companies in the energy space directly impacting emissions Industry and services Businesses that will replace incumbents with a high carbon footprint  Consumer sustainability Businesses that offer customers sustainable goods and services that impact climate change and environmental issues. There are 3 main drivers underpinning the climate change space which make it an unprecedented area for investment - Regulation, Corporate Demand & Consumer Behaviour.      ***30th November 2023 tranche close date with targeted deployment this tax year***  

The Oxford Capital Growth EIS offers investors (both direct and advised) the opportunity to invest in a portfolio of shares in start-up technology companies that have the potential to grow rapidly and provide exposure to sectors in which the UK is a world leader such as financial technologies and future of retail.  When selecting new investments, they look for companies that exhibit high growth characteristics or high potential.  Oxford Capital look for businesses whose management teams are committed to following principles of good governance as their business evolves and who have the potential to make a positive impact to the environment and on society as a whole.     

The Oxford Innovation EIS Growth Fund 3 provides an opportunity to invest in the UK science and technology businesses of the future underpinned by the extensive experience of Oxford Innovation Finance’s OION Angel Network and with the potential to achieve significant tax-free capital gains. The Fund concentrates on innovative, high-growth technology and science businesses across the UK, with a focus on the Oxford Innovation network. It provides every investor with a diversified portfolio based on a well-defined selection process. Hundreds of companies are reviewed and filtered to discover quality opportunities that are selected by a very experienced group of investors and sector experts with entrepreneurial experience. 95.2% of investment eligible for Tax Relief and no annual charges after year 5.

Oxford Technology has been investing in technology start-ups since 1983 with Oxford Technology (S)EIS operating since 2012. The fund makes SEIS investments in start-up technology companies generally within an hour's drive of Oxford and, then follows with subsequent EIS investments in those which show promise. The reason for the geographical constraint is because Oxford Technology is based on the Oxford Science Park and they are actively involved with the investee companies to help them succeed.   The minimum investment size is £15,000 and it is expected to be invested equally over three years.   The Fund is only open for participation by those who can be assessed by the Manager as elective professional investors.  

Oxford Technology has been investing in technology start-ups since 1983. The Oxford Technology EIS Development Fund will invest in early stage technology companies, most of which will be located near Oxford.  The Fund will aim to provide each investor a diversified portfolio of 6 - 10 EIS Investments in companies who originally raised capital in the OT(S)EIS Fund, and are now looking to raise additional capital.  These will still be investments in early stage companies, but by the time of these follow-on investments, Oxford Technology will usually have worked with the founders/key managers for several years and will be in a good position to make sensible judgements about the risks and potential of the companies.   Deployment is aimed to be within 12 months of the investment.   The Fund is only open for participation by those who can be assessed by the Manager as elective professional investors.

The investment strategy focuses on B2B IP-rich companies across the north of the UK, and so this KI Fund is a complementary investment vehicle for Par Equity investors.  The Par KI Fund will invest alongside the Par EIS Fund and the Par Investor Network into qualifying Knowledge-intensive companies, so this Fund will mirror the existing strategy of Par's award-winning EIS Fund.     The sector focus will be B2B Technology – innovative, hard to replicate solutions with proven demand – covering 6 themes: enterprise software, health care & medical devices, industrials & space, energy & resources, food security and digital media & entertainment.     Target number of Portfolio Companies will be 8 - 12 companies per subscription, and the expected holding time of the investment will be 6-8 years from the date of investment.      For Advised Investors, a retention of 5% will be made from the Investor’s Subscription to cover the Initial Charge (1.0% inc. VAT) and 4 years of Annual Management Charges (1.0% inc. VAT). This means that 95% of an Advised Investor’s Subscription will be available to be invested in the Fund to be deployed into Knowledge Intensive Companies. Once the fee retention has been utilised, payment of further Annual Management Charges will be deducted from Exit Proceeds.   ***Applications and funds required by 4th April 2024***

The Parkwalk Knowledge Intensive EIS Fund III offers investors the opportunity to invest in companies formed to commercialise scientific and technological discoveries made at major UK universities, research-intensive institutions and technology clusters, in a tax efficient manner. The Fund has been structured to enable Investors to link the entirety of their EIS relief to one investment date, determined at outset, utilising one EIS5 certificate issued once 90% of the Fund is invested.   The Parkwalk EIS Knowledge Intensive Fund has been pre-approved by HMRC as an ‘EIS Knowledge Intensive Fund’. As such, for income tax relief purposes, all investments will be deemed to have taken place on the Closing Date of the Fund, provided that 80% of the Fund is invested into Knowledge Intensive Companies (“KICs”). KICs are a subset of EIS-qualifying businesses focused specifically on research and development activity and qualifying for increased investment limits both at company and investor level. Each investment will go into a diversified portfolio with a minimum of 10 individual companies.

PB Wine Cellars is an opportunity to make an EIS investment into a company which will buy and sell fine wines which have been produced with a certain standard of ESG criteria, to produce medium to long-term sustainable growth in value.  PB Wine Cellars is going to concentrate on wholesaling and managing holdings of wines from producers that demonstrate a strong commitment to being environmentally friendly, who operate sustainably and display a high level of social responsibility.  It is believed that such wines are becoming increasingly more attractive to a market that is ever more concious of, and places more value on, ESG factors.  The company is looking to raise £12m over 3 years, the first year's tranche will be £5m and individual investors will be invited to subscribe for ordinary shares of £1 each, with a minimum investment of £10k. Charges are as follows: 5.0%     Introducer fee 1.5%     Annual Management fee 0.5%     Ongoing fee to promoters  Success/Performance Fee 20% on any uplift from exits once the investor has received back their initial gross investment

  The PK Wealth IHT Portfolio Service is an innovative, active discretionary portfolio management service providing diversified, risk-rated exposure to AIM and Asset-Backed Investments.  There are 5 portfolio options, each having different allocations to AIM and Asset Backed investments.    ***Please express interest and indicative investment amount by requesting an application form via the Invest Now button***  

The Praetura EIS Growth Fund seeks to provide investors with capital growth from exciting early-stage businesses in the North of England and beyond. The business was founded to take advantage of the North’s shortfall in venture capital, helping to address the need for funding from the region’s young companies. Praetura only invests in businesses where there is the opportunity to add significant value on a strategic level, and credit this approach as the reason for success in their previous investments.    There will be two soft closes a year and Praetura expect to fully deploy capital within 6 months of each relevant close date into 8-10 promising young businesses.      ***Next soft close 30th November 2023***

Praetura Growth VCT builds on Praetura’s 12-year track record of investing in small and medium-sized companies. The investment strategy – across both Praetura Growth VCT and Praetura EIS Growth fund – is to invest in growing UK businesses with strong management teams that operate predominantly in the North of England. Praetura’s existing investment funds carry a bias towards opportunities in the North, targeting a two-thirds allocation-to-deals ratio based outside of London. The team believe that this strategy will provide Investors with access to the best of Northern founders at more attractive valuations for growth opportunities than are available in London and the South-East of England, where VCT investments are traditionally focused. The Offer is seeking to raise up to £10 million, together with an over-allotment facility of up to a further £10 million.

The ProVen Estate Planning Service is a flexible, discretionary portfolio service.  It seeks to provide investors with a consistent level of return by investing in private trading companies that are expected to qualify for Business Relief. The Service has been designed to provide UK investors with a managed portfolio of Business Relief qualifying investments which seek to provide attractive rates of growth of 4-5% per annum while offering a degree of capital preservation. The Trading Companies available within the Service will be in either the UK lending and/or UK solar sectors and will each have their own business plans and objectives within these sectors.  

***COMING SOON***       ProVen VCT plc (PVN VCT) and ProVen Growth and Income VCT (PGI VCT and together, the ProVen VCTs) have indicated their intention to raise new funds, through the issue of new ordinary shares (the Offer). The Offer will give an opportunity to investors to invest in two established VCTs, each with existing portfolios of over 50 small and medium-sized private companies, all carefully selected as having the potential for rapid growth.     The prospectus with full details of the proposed Offer will be publised later in the tax year.  

***COMING SOON - EXPECTED DECEMBER 2023***     Puma Alpha VCT is a Venture Capital Trust (VCT) that invests in growing businesses with experienced management teams. Investors in Puma Alpha VCT will be supporting the UK economy by providing growth funding to small and medium-sized companies, whilst benefitting from a range of tax reliefs and an investment that aims to produce attractive returns.  The Alpha investment strategyis to invest in growing UK businesses with strong management teams that operate in sectors providing structural support for growth. Puma chooses established companies with proven commercial models, clear expansion plans and experienced leadership. And they seek to reduce risk by diversifying their investments across different regions and sectors. Some of the Alpha investments range from educational technology providers to food and beverage operators, high-performance sports apparel producers, carbon wheel manufacturers and garden centre businesses.  They choose businesses that investors can support proudly, whilst sharing their success.  

Puma VCT 13 is one of 14 Puma VCTs that have been established since 2005. As a series, the Puma VCTs have invested into 58 qualifying companies and achieved 36 full exits.   The Company looks for scale-up businesses with a proven commercial proposition (product or service) and management teams with deep knowledge of the sector in which they operate. When examining potential investment targets, the Investment Manager will focus on leadership quality, the proposition’s commercial validity, the potential market opportunity and clarity of the growth plan.   The Offer seeks to raise up to £50,000,000, with the Directors having discretion to increase the Offer to raise up to a further £20,000,000.

Regenerate Ventures is an award winning fund that offers tax efficient  sustainable investment opportunities within the agricultural sector. It is the UK’s only EIS AgriTech fund. It is an evergreen fund that invests in Seed-Series A agritech companies that are committed to decarbonising the agricultural sector and sustainable food production. Regenerate are raising capital to continue to invest in extraordinary mission led entrepreneurs. Regenerate’s team has a track record of launching 2 VC funds and 4 private equity funds, with over £500m deployed into  AgriTech and ClimateTech within the last decade. It also has a strong advisory board with over 200+ years of AgTech experience.    

Seneca Growth Capital VCT Plc is a generalist VCT aiming to generate returns from a diverse portfolio of both private and AIM quoted growth capital investments. These investment returns are intended to provide Investors with an attractive income stream and also capital growth over the longer term. The VCT is managed by Seneca Partners Limited. The Company is seeking to raise up to, in aggregate, £10 million under the Offer in the 2023/24 and 2024/25 tax years with an over-allotment facility of up to a further £10 million. The Company has now raised nearly £20 million since the launch of the B Share class in August 2018, which has enabled the B Share Pool to make a total of thirty-two investments and achieve nine full and partial exits, at a 1.7x weighted average return, since inception.   ***Early Bird Discount of 1% and Loyalty Discount of 0.5% from the Promoter's Fee before 31st OCtober 2023***

SFC Capital Partners are award-winning early-stage investors focused on disruptive businesses in the UK.  The SFC EIS Fund will provide growth capital to companies with a proven business model.  These companies will come from their pool of 250+ existing investments, providing SFC with a unique deal flow of growth companies.  The SFC EIS Fund will invest in the best performers from SFC’s existing portfolio looking for ‘follow-on’ capital.  Investors’ monies will be invested in a portfolio of between 10 - 15 companies.  Diversification is a proven strategy to deliver returns at a pre-seed and seed stage. The SFC Angel Fund investments will be matched by British Business Investments (subject to capacity).   ***Final soft close of 31st January 2024 for targeted full deployment in the 2023/24 tax year***

SFC Capital Partners are award-winning early-stage investors focused on disruptive businesses in the UK. The SFC Angel SEIS fund allows investors to build a diversified portfolio of investments across various sectors, including those traditionally overlooked by SEIS/EIS Funds.  Investors’ monies will be invested in a portfolio of at least 10 - 15 and up to 40 companies.  Diversification is a proven strategy to deliver returns at a pre-seed and seed stage. The SFC Angel Fund investments will be matched by British Business Investments (subject to capacity).   ***Open until 31st January 2024 for targeted full deployment in the current tax year***

The Impact First Fund, from SIS Ventures, seeks to provide investors with the opportunity to make tax-efficient financial returns, alongside impact returns, by investing equity into businesses whose impact is aligned with the United Nations Sustainable Development Goals (UN SDGs).   This round of EIS fundraising presents an opportunity for investors to support both the existing portfolio of investments as well as invest in new, early-stage Impact-led Enterprises.   It is proposed that the Fund will have one interim closing date in each 12 month period, subject to a minimum of £1 million being raised in that period.

Station12 is a specialist venture capital investor whose aim is to address the problem faced by emerging businesses in the UK's entertainment and knowledge sectors in raising early stage capital, and to capitalise on those opportunities it creates in this potentially rich returns sector.  They are a specialist investor in sports, entertainment and knowledge - knowledge covers learning and education as well as propositions enhanced by adopting (not creating) new technologies such as AI, VR and AR. The Service will make investments into a combination of SEIS/EIS qualifying companies in the Sports, Entertainment and Knowledge sectors.  The sectors they allocate into are global and of universal interest, as well as being sectors where the UK has a leading position. Station12 targets that investments made into the Service will go into a portfolio of 4-6 companies with full deployment expected within 12 months.   ***Discount of 1% off the upfront fee for applications made before 31st January 2024***  

The Stellar Growth Inheritance Tax Service is a discretionary managed service which is designed for investors who wish to leave a growing legacy, free from inheritance tax. It provides access to a range of qualifying business activities that offer security and diversification whilst seeking capital growth, in addition to qualifying for Business Relief. This service is unique within the Stellar portfolio, because it involves creating one solely owned Personal Trading Company which invests in Businesses operating across a range of different investment sectors including Commercial Forestry, Hotels, Bridging Finance, and Residential and Commercial Property Development.   

Invest in tomorrow's most dynamic Tech Companies: Symvan Capital offers an exciting opportunity to invest in technology startups helmed by ambitious founders ready to break new ground and achieve their billion-dollar potential. Symvan undertakes meticulous early-stage due diligence via their 'Symvan Select' process with this focus in mind. Symvan backs true entrepreneurs who have actually experienced a problem, thought about it, and then solved it. Symvan welcomes disruption. Symvan Capital’s focus is on growth.  Why invest with Symvan Capital: Award-winning technology SEIS and EIS venture capital fund manager Zero upfront fees or ongoing charges for Investors Market leading ROI with potential to deliver exceptional uplift - a target £2.85 return to £1.00 invested - within a realistic 5-7 year time frame (not including tax relief benefit) Quarterly Deployment with S/EIS3 certificates issued at earliest opportunity Extensive transparency & portfolio reporting Innovative 'Lifecycle Approach' coupled with considerable NED and industry expert support, mitigates risk in early stages with the goal of achieving a liquidity event Deployments at the end of each calendar quarter, next deadline for applications and funds is 30th June 2023 with targeted deployment in the current tax year.  

The SidebySide EIS Venture Fund has been formed to invest in, and actively guide a select number of companies as they transition from scale-up to large scale commercialisation.  The Fund seeks to invest in up to ten fast-growing technology-enabled businesses with £1-10million in revenue.   In addition, the Fund may also, very occasionally, make small investments in a few earlier stage companies where SidebySide believe the management and strategic opportunity might evolve to make them future Fund members. The Fund will seek to invest in a minimum of three companies for each Investor. The Fund expects to make several follow on investments into each portfolio company, often less than 18 months apart.  

The Triple Point Venture VCT (TPV) is looking to raise £10m through the issue of new Venture shares, with an over-allotment facility for a further £20m. The Triple Point Venture VCT gives clients access to a portfolio of 45 ambitious early-stage companies, along with the opportunity to claim up to 30% income tax relief, and tax-free dividends and growth.  TPV generally uses a “challenge-led” investment strategy, which focuses on early-stage businesses who’s software or technology aims to solve significant problems faced by large, medium or small sized business customers. This is the TPV’s business-to-business (B2B) thematic focus. Target investee companies are likely to have already secured, or be in the process of securing, a contract from a meaningful customer organisation. TPV has a portfolio of more than 45 investments in different qualifying companies and at investment typically takes equity stakes of 1% to 18%. At initial investment, Triple Point will obtain information rights and will usually secure either a director or a board observer right.

*** COMING SOON - JANUARY 2024***     The Company’s objective is to provide Shareholders with an attractive return from a diversified portfolio of investments, predominantly in the shares of AIM quoted companies, by maintaining a steady flow of dividend distributions to Shareholders from the income as well as capital gains generated by the portfolio.  

Better Ventures EIS provides a fresh alternative to the challenges of venture building. Vala use their financial and intellectual resources to convert ideas into commercial opportunities that create capital value.  The Vala Better Ventures EIS provides investors with the opportunity to participate in shares of 8-12 small companies with no more than 20% committed to one single company.  Deployment is targetted within 12 months of investment into companies from the following sectors: technology, engineering, media and entertainment, fintech, lifestyle and wellness, food and beverage.   ***Next tranche close 31st October 2023 with targeted deoloyment this tax year***  

The Vala Sustainable Growth EIS aims to invest in companies that have the potential to grow rapidly, create significant value for investors, and make a positive contribution to the world’s sustainability challenges. The goal is to invest in companies that are aiming to make a meaningful difference to one of the major sustainability issues facing our economy, society and environment. Success for these companies will be defined by three equally important measures: their sustainability impact, their growth and development, and the value they build for investors. Each investment will go into a diverse portfolio of 6-10 companies. The fund manager reserves 2 years of AMC (+VAT) upfront so 96.4% of investment is deployed into the investee companies.    

The Velocity EIS Technology Fund 6 Investment Objective is to invest in and provide support for technology enabled businesses.  The Fund will invest in early seed, seed amd late seed venture investments with a focus on unlisted technology enabled companies.  The target portfolio size will be 6 - 8 qualifying companies, with the Fund investing between £100k to £2m per company.  The dynamics of the technology market have been transformed over the past decade. The advent of the digital economy has given innovative start-ups the ability to disrupt the way well-established industries operate with the potential to rapidly undermine entrenched businesses and quickly achieve remarkable valuations. It is a time of opportunity for innovative companies with the products and ideas to challenge the way traditional businesses operate. Velocity Capital Advisors aims to exploit this opportunity, appraising potential investments not just for the traditional business qualities of strong management, robust operations and risk management, but also for dynamic attributes that flourish in the digital economy and technology environment, namely: innovation, scalability, agility and speed to market.