Tom Hopkins: is Venture Capital About to Enter the Mainstream?
- On February 6, 2019
- By GrowthInvest Admin
These are potentially exciting times for the venture capital sector, writes Tom Hopkins – just so long as the regulatory authorities back the government and are bold and ambitious in supporting growth business.
A few years back, I wrote an article for Tech City News congratulating the government on various initiatives to stimulate an entrepreneurial culture but bemoaning the lack of funding for venture capital businesses.
And, to the government’s credit, it has done a great job redirecting capital to the right places. The Enterprise Investment Scheme (EIS) and venture capital trust (VCT) rule changes announced in 2015 and 2017, for example, have hopefully stopped the old ‘tax-led’ products for good and brought these schemes back to what they were designed for, which is backing early-stage businesses.
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