Great Point Announces First EIS Investment in UK Media Start-Up
- On April 17, 2019
- By GrowthInvest Admin
Great Point Investments, the UK’s leading media production and investment company, is delighted to announce it has acquired on behalf of its investors a minority stake in Brightlobe, a pioneering game-based platform which supports children’s growth and development.
The investment is the first deal from the Great Point Ventures Fund, an EIS launched in Q4 2018 which offers investors the opportunity to invest across a portfolio of UK based businesses operating in the creative media industries.
Great Point’s investment in Brightlobe is also the first under new HMRC regulations to encourage long-term investment in UK companies which qualify under the EIS, demonstrating the government’s continued support for one of the UK economy’s most important sectors.
Commenting on the investment, Great Point Investments Director Dan Perkins said: “We are delighted to take a minority stake in Brightlobe, which represents the best in British creative talent and entrepreneurship. Our aim is to combine our experience and passion to work with the team and grow the company into a leading light in the UK’s world-renowned creative sector.
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