Understanding the benefits of the enterprise investment scheme
- On July 2, 2021
- By GrowthInvest Marketing
The Enterprise Investment Scheme (EIS) is a government-backed scheme designed to encourage private investors to invest in small, growing, and early-stage businesses.
The reason the government created the EIS was to help stimulate the UK economy by providing more financial support for new businesses.
It’s estimated that around 80% of all new businesses fail within the first year in the UK. The main reason is due to lack of funding, as obtaining funds through traditional financing and lending options are limited for new businesses.
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