The Enterprise Investment Scheme (EIS), a cornerstone of the UK’s entrepreneurial ecosystem, celebrates its 30th anniversary this year. Since its inception in 1994, the EIS has played a pivotal role in nurturing innovation and fostering economic growth. Alongside its sister scheme, the Seed Enterprise Investment Scheme (SEIS), it has facilitated over £30 billion in private investment into 53,000 startups across the nation.

The EIS Association (EISA), representing more than 400 entrepreneurs, investors and advisers from across the EIS community, marks this significant milestone with reflections on the scheme’s enduring impact on the UK economy and society. The EISA will also be bringing together key representatives from across the ecosystem to celebrate at an event in September.

“Thirty years ago, the UK government launched the EIS with the vision of catalysing investment into early-stage ventures and driving innovation forward. Today, as we celebrate its three-decade journey, we witness a vibrant ecosystem of startups and entrepreneurs thriving, thanks in no small part to the support provided through the EIS,” remarked Christiana Stewart-Lockhart, Director General of the EIS Association.

The success stories borne out of EIS investment serve as compelling testaments to the scheme’s efficacy in fostering entrepreneurship and fuelling growth. Notable startups that have flourished with the backing of SEIS or EIS investment include household names such as Revolut, Monzo, Gousto, Curve, Deliveroo, Just Eat, Bloom & Wild, Trinny London, and Homethings. These companies, among many others, have not only transformed their respective industries but have also created thousands of jobs and contributed significantly to the UK’s economic landscape.

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