Tough going for tech start‑ups as enterprise investment plummets
- On May 25, 2022
- By GrowthInvest Marketing
Investment in start-up technology companies has plunged as investors judge them to be too risky.
Enterprise Investment Schemes (EIS), which offer huge tax breaks to investors to back early stage businesses, mainly in sectors involving software and technology, have had a 33 per cent drop in investment since March, according to Wealth Club, one of the largest providers of such products.
“Investor sentiment is down across the board,” the company said. The figures also reflect a wider shift away from technology stocks, which were one of the biggest winners of lockdown.
GET IN TOUCH!
CALL US020 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.