Haatch’s first new-look SEIS fund open for applications
- On October 5, 2022
- By GrowthInvest Marketing
Haatch launches the first new-look fund as it looks to utilise the new increase in SEIS limits announced last week.
Last week the Government and Treasury reaffirmed the long-term future of EIS and SEIS and made significant improvements to the SEIS scheme from April 2023 including the ability for investors to invest £200,000 per year (up from £100,000) and companies to raise £250,000 (up from £150,000).
All investments made by this fund will be dated post-April 6th 2023 meaning investors can benefit from the new SEIS limits for the 2023/24 tax year or invest under the current limits by using carry-back relief to the 2022/23 tax year subject to individual circumstances.
In addition, every Haatch SEIS investment will be supported by an additional minimum £60,000 of British Business Investments money, from our new £10m commitment announced last month, meaning our standard pre-seed SEIS cheque will be at least £310,000 enabling founders the best possible start on their journey from startup to scale up to exit.
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