Venture Capital Trusts Celebrate 25 Years Of Tax Breaks For Business Angels
- On June 9, 2021
- By GrowthInvest Marketing
High risk investments in Venture Capital Trusts (VCTS) are paying off for businesses, according to a review of the market.
Almost £1 billion was staked by business angels against small companies over the past two years.
The money has gone to innovative, cutting edge firms carrying out research and development in sectors like healthcare and green technology.
Since 2017, VCTs have invested in 181 businesses that generated £385 million of sale, with around a third going to export, says data published by trade body the Association of Investment Companies (AIC).
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