In this exclusive interview with GBI Magazine, Jenson Funding Partners’ Sarah discusses the company’s approach to early-stage investing.

Barber outlines the impact of the recent extension to the EIS sunset clause, explains how EIS provides a boost to start-ups, and discusses how the new consumer duty rules have impacted early-stage investments.

Q: Could you tell us a bit about yourself and your role?

I am the CEO of Jenson Funding Partners, having been part of the fund since its inception over a decade ago. Our focus on early-stage investments is driven by our belief in fostering change and opportunities within the investment ecosystem.

Q: The Chancellor’s move to extend the EIS sunset clause is undoubtedly a positive step, how do you see this impacting entrepreneurs and the UK start-up ecosystem?

The extension of the EIS sunset clause is a great move for entrepreneurs, providing much-needed certainty for their future steps. Coupled with the earlier increase in SEIS limits in 2023, this initiative allows portfolio companies to anticipate their future funding sources.

While there remains a gap between SEIS and many existing ElS funds, Jenson Funding Partners strategically positions itself in that crucial space, facilitating the transition from SEIS to later-stage ‘series A’ ElS investment.

The government’s commitment to early-stage businesses makes this an exciting time for entrepreneurs navigating the funding landscape.

Q: When we talk about start-up ecosystem, how early stage are these start-ups and does the Enterprise Investment Scheme provide a boost this early on?

When we talk about early-stage businesses, there’s an assumption that they’ve already hit this £1million revenue mark, but these businesses do not just appear. They have to go through the process of having an idea, a concept and an MVP.

We must find out if there’s a market for that product and then get that product market fit, so there’s a lot of stages before that million-pound revenue mark. So when we’re talking about the early stage Start-Up ecosystem, we need to remember that crucial stage before that.

That’s where SEIS and EIS can provide a great source of funding for early-stage businesses, alongside all the other funding that exists for businesses through those periods, including grants and R&D tax credits, which supplement those SEIS and ElS investments.

Click here to read the full article

GET IN TOUCH!


  MAIL US
enquiries@growthinvest.com

  CALL US
020 7071 3945

FOLLOW US ON


Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.