The Enterprise Investment Scheme (EIS) was introduced by the government in 1994 to promote investment into smaller, and therefore typically higher risk, companies. To encourage such investment, there is a range of benefits available to qualifying investors.
Actual net cash outlay 70 pence in the £1
No Capital Gains Tax to pay
Potential unlimited and indefinite deferral of an existing CGT bill
Maximum exposure 38.5 pence in the £1 for a 45% income tax payer
Potential 40 pence in the £1 saving
We have a range of investment opportunities on the platform to help you build a diversified portfolio
Arie Capital Technology EIS will provide private investors access to exciting UK technology start-ups and early growth companies that are solving real-world probelms and making a social impact. Investments will be made into 5-10 companies, for amounts between £100k to £500k per company.
Primary investment sectors are FinTech, Sustainable Technology, Ecommerce, MediaTech, MedicalTech, Connectivity, DeepTech and EdTech.
Beyond Impact aims to support businesses whose products and services accelerate the transition away from the use of animals. The Fund's objective is to invest at the early-seed and seed stage in companies with a focus on unlisted food, agriculture, ingredient, materials, clothing and consumer products companies which do not involve the use of animals.
The Fund targets at least three Qualifying Companies in an Investor's portfolio, typically investing between £100,000 to £1,000,000 per Investee Company. Investors will be able to opt for SEIS only, EIS only or mixed SEIS and EIS.
The Blackfinch Ventures EIS Portfolios invest in high-growth technology companies throughout the UK, which operate across industry sectors. Blackfinch are focussed on disruptive businesses, offering products that address real-world needs. These firms have the potential to change the way we live and work, and are set to transform global markets.
Blackfinch targets returns of 3-5x on investment, with their expert team supporting firms from initial investment to development to exit. Blackfinch invests in businesses that share their views on ESG, supporting young, entrepreneurial firms with strong ESG values, often offering solutions which have a positive social impact.
The focus of the Fund is to invest in purpose-led UK based early-stage companies that seek to lead the market in provision of innovative product design and manufacturing. The Fund seeks to invest at least £150,000 in each Investee Company in return for circa 5% to 20% equity, across at least ten companies.
Investors can select SEIS only, EIS only or mixed EIS and SEIS portfolios.
Committed Capital are a growth stage venture capital investor, and their investment strategy has remained unchanged since 2001. The Committed Capital Growth EIS Fund is an evergreen fund offering investors the opportunity to invest into a portfolio of actively managed, growth stage, post-revenue (over £1m annualised) technology companies, whilst also benefitting from the availability of the generous tax reliefs afforded by EIS.
The Deepbridge Technology Growth EIS represents an opportunity for private investors to participate in a selected portfolio of innovative growth companies, taking advantage of the tax benefits available under the Enterprise Investment Scheme. The Deepbridge EIS focusses principally on energy and resource innovation, medical technologies, Business enterprise and other high growth IT-based technologies.
The Endeavour Ventures Managed EIS Portfolio Service offers the chance to build a diverse portfolio of equity investments in small and medium sized enterprises (SMEs) in the UK, managed by one of the most successful and longest established boutique investment firms in the country. The Portfolio Manager builds each Investor their own portfolio of shares in qualifying unquoted and/or AIM quoted companies typically over several years. A typical portfolio will likely include a mixture of holdings in more established companies seeking capital growth and some earlier stage businesses identified as having the potential to provide capital growth. Arrangement and Annual Management Charges are levied at the investee companies, see IM for more details.
The Fund makes follow-on investments in existing portfolio companies. It targets at least 5 of the best performing companies in their portfolio who need additional capital to accelerate their already proven growth. The Follow-On EIS Fund will seek to invest in marketplaces, platforms, software as a service and digital transactional businesses.
By having most of their portfolio companies based in their co-working space, Fuel Ventures have a good understanding of which of their companies are fast growing and could benefit most from follow-on investment. This means they can deploy the funds in a short period of time, giving EIS investors the ability to carry-back their tax relief to the previous tax year.
Fuel Ventures aim to find the most ambitious entrepreneurs building market leading companies, investing between £1m and £3m into companies with early commercial traction. The Fuel Ventures Scale Up EIS Fund invests in a portfolio of 15-20 technology companies, with a focus on marketplaces, platforms and software (SaaS). They have invested in a range of sectors to date, including fintech, logistics, manufacturing, events and the world of work. The fund focuses on companies at the seed stage, which have the potential to generate lucrative returns. The companies will have an exceptional founding team, proven commercial traction and be ready to scale.
By bringing most of the portfolio companies into Fuel Ventures' co-working space, they are able to provide hands-on support, advice and connections for a minimum of 12 months following investment
Founded by Scott Weavers-Wright and Fred Soneya in September 2013 as an angel co-investment joint venture under the “Haatch Angel” brand, Haatch is an early stage investment business backing the pioneers of the digital revolution. The Haatch Angel core focus has been within the SaaS and retail technology verticals. However, with the launch of Haatch Ventures the investment focus has expanded to cover B2B SaaS, Pro-Consumer, On-Demand, Gig Economy and Digital Consumer.
Haatch Ventures enable investors to benefit from their knowledge & experience of investing in disruptive UK technology whilst taking advantage of significant tax reliefs under the SEIS & EIS scheme.
The Hambro Perks Growth EIS Fund creates diversified portfolios of fast-growth, early-stage, technology-enabled businesses that have the potential to reshape existing industries and create new markets. There are four verticals - Fintech (including Insurtech), Digital Healthcare, Enterprise Software (SaaS), and Consumer Technologies. The objective is to invest for significant capital gains in a selection of highly filtered, diligently assessed, disruptive companies, in carefully constructed portfolios blending sectors and stages. Hambro Perks believes that the best strategy in venture to produce excellent returns is to invest early and keep backing the winners. Each portfolio will contain new companies and follow-on investments in the emerging winners previously supported.
The fund aims to invest subscriptions into 10-15 companies within a timeframe of 12-18 months. Targeting a return of 2-3x initial capital subscribed with the majority of returns in years 4-7 after investment. There is clear alignment of interest, as Hambro Perks Limited, in which all staff have a stake, is invested in the Fund, and will participate in all investments alongside investors. There is no initial charge for advised applications, and no fees are charged to the underlying companies. This, along with many other factors such as Hambro Perks’ extensive experience, network and the support to portfolio companies, enables them to win the best deals. 10% of the subscription is held back to pay for management fees, meaning tax relief is available on 90%.
The Fund has a mandate to focus on long-term capital growth and enables private investors to invest in a range of committed and ambitious entrepreneurs and their early stage growing companies. By investing in a diverse portfolio of investee companies with a focus on a wide range of sectors and geographical locations, the Fund will reduce its exposure to any particular sector or investee company with no more than 25% of any Investor’s Contribution being invested into a single investee company (unless otherwise agreed with the investor).
Target Portfolio size will be 5 - 10 companies.
***First close end of September 2023 with carry back available to tax year 2022/23***
The Mercia EIS Fund aims to triple invested capital within five to seven years, including tax reliefs, by investing in a well-diversified, early-stage, multi-sector technology fund. In order to achieve this, they expect one third of companies to fail, and one third to achieve over 3x. The Mercia EIS Fund's investments are focused on the under-served geographical regions of the UK, investing in sectors in which they have deep expertise.
Target deployment is within 12 months of the fund soft closes of March, September and December each year, and the target portfolio size is 12 companies. Investments are made into sectors which have modest capital requirements but high growth potential.
***Q1 tranche close extended to 21st June 2023 due to faster than expected deployment rate***
The Nexus Investments' Scale-Up Fund invests in a portfolio of EIS companies across the Data, Digital, Education and Health sectors. Since 2018, the fund's core focus is to invest in early stage companies led by credible and ambitious "mission driven" founders in sectors where the manager is able to leverage its group expertise to add significant strategic value.
The target investment sweet-spot is revenue-generating, post-Seed to Series B opportunities. Target Portfolio size of 8-10+ companies and funds will deployed within 12-24 months of investment. In 2022 the manager had a successful exit from a pre-fund holding of an EdTech company, which delivered some of it's earliest investors a multiple of 12.5x.
***This fund has monthly closes at the end of each month***
Octopus Ventures EIS Service was created to give investors the opportunity to invest in early-stage businesses with high growth potential, handpicked and managed by their expert investment teams.
Octopus believes that there are three stages to achieving capital growth from investments in early-stage businesses, which the Octopus Ventures EIS Service is well placed to provide:
Your money will be invested in around ten to fifteen handpicked early-stage businesses. These businesses may be from different industries and sectors, providing you with a range of companies with high growth potential. The amount invested into each company in your portfolio may vary. A portfolio of ten to fifteen companies offers a good balance between diversifying your risk across several opportunities, while having enough concentration in each position that the value of any successful businesses within your portfolio can make a real difference to the value of your overall investment.
***Applications and funds received by 26th May will benefit from a 1% discount on the initial fee***
The OnePlanetCapital Climate Change EIS Fund allows investors to invest in a diversified portfolio of EIS eligible companies that are combating climate change. The fund invests in companies that have developed technology and processes that when scaled will decrease emissions and impact climate change and environmental issues.
The Fund targets 3 sub sectors where we see the greatest commercial return combined with environmental impact:
There are 3 main drivers underpinning the climate change space which make it an unprecedented area for investment - Regulation, Corporate Demand & Consumer Behaviour.
The Oxford Capital Growth EIS offers investors (both direct and advised) the opportunity to invest in a portfolio of shares in start-up technology companies that have the potential to grow rapidly and provide exposure to sectors in which the UK is a world leader such as financial technologies and future of retail. When selecting new investments, they look for companies that exhibit high growth characteristics or high potential. Oxford Capital look for businesses whose management teams are committed to following principles of good governance as their business evolves and who have the potential to make a positive impact to the environment and on society as a whole.
The Oxford Innovation EIS Growth Fund 3 provides an opportunity to invest in the UK science and technology businesses of the future underpinned by the extensive experience of Oxford Innovation Finance’s OION Angel Network and with the potential to achieve significant tax-free capital gains.
The Fund concentrates on innovative, high-growth technology and science businesses across the UK, with a focus on the Oxford Innovation network. It provides every investor with a diversified portfolio based on a well-defined selection process. Hundreds of companies are reviewed and filtered to discover quality opportunities that are selected by a very experienced group of investors and sector experts with entrepreneurial experience.
95.2% of investment eligible for Tax Relief and no annual charges after year 5.
PB Wine Cellars is an opportunity to make an EIS investment into a company which will buy and sell fine wines which have been produced with a certain standard of ESG criteria, to produce medium to long-term sustainable growth in value. PB Wine Cellars is going to concentrate on wholesaling and managing holdings of wines from producers that demonstrate a strong commitment to being environmentally friendly, who operate sustainably and display a high level of social responsibility. It is believed that such wines are becoming increasingly more attractive to a market that is ever more concious of, and places more value on, ESG factors.
The company is looking to raise £12m over 3 years, the first year's tranche will be £5m and individual investors will be invited to subscribe for ordinary shares of £1 each, with a minimum investment of £10k.
Charges are as follows:
The Praetura EIS Growth Fund seeks to provide investors with capital growth from exciting early-stage businesses in the North of England and beyond. The business was founded to take advantage of the North’s shortfall in venture capital, helping to address the need for funding from the region’s young companies. Praetura only invests in businesses where there is the opportunity to add significant value on a strategic level, and credit this approach as the reason for success in their previous investments.
There will be two soft closes a year and Praetura expect to fully deploy capital within 6 months of each relevant close date into 8-10 promising young businesses.
Regenerate Ventures is an award winning fund that offers tax efficient sustainable investment opportunities within the agricultural sector. It is the UK’s only EIS AgriTech fund. It is an evergreen fund that invests in Seed-Series A agritech companies that are committed to decarbonising the agricultural sector and sustainable food production. Regenerate are raising capital to continue to invest in extraordinary mission led entrepreneurs. Regenerate’s team has a track record of launching 2 VC funds and 4 private equity funds, with over £500m deployed into AgriTech and ClimateTech within the last decade. It also has a strong advisory board with over 200+ years of AgTech experience.
SFC Capital Partners are award-winning early-stage investors focused on disruptive businesses in the UK. The SFC EIS Fund will provide growth capital to companies with a proven business model. These companies will come from their pool of 250+ existing investments, providing SFC with a unique deal flow of growth companies. The SFC EIS Fund will invest in the best performers from SFC’s existing portfolio looking for ‘follow-on’ capital. Investors’ monies will be invested in a portfolio of between 10 - 15 companies. Diversification is a proven strategy to deliver returns at a pre-seed and seed stage.
The SFC Angel Fund investments will be matched by British Business Investments (subject to capacity).
***Next soft close 1st February 2023 for targeted full deployment in the current tax year***
Station12 is a specialist venture capital investor whose aim is to address the problem faced by emerging businesses in the UK's entertainment and knowledge sectors in raising early stage capital, and to capitalise on those opportunities it creates in this potentially rich returns sector. They are a specialist investor in sports, entertainment and knowledge - knowledge covers learning and education as well as propositions enhanced by adopting (not creating) new technologies such as AI, VR and AR.
The Service will make investments into a combination of SEIS/EIS qualifying companies in the Sports, Entertainment and Knowledge sectors. The sectors they allocate into are global and of universal interest, as well as being sectors where the UK has a leading position.
Station12 targets that investments made into the Service will go into a portfolio of 4-6 companies with full deployment expected within 12 months.
The Fund is focused on investing in capitally frugal robotics, automation and AI companies operating in large markets whose offerings create large-scale productivity improvements over existing, labour based solutions to the same problem and whose road-map is focused on creating an autonomous product offering.
Companies in the current Britbots portfolio offer productivity improvements (measured in terms of cost reduction) of between c.200%- 500% over existing solutions to the same problem, which the team believe will drive value premiums in equity returns for investors.
The focus of the Fund is to deliver returns to Investors by making targeted investments in promising UK based robotics, applied artificial intelligence and automation businesses many of which will be involved in the energy transition as the world reduces its dependence on fossil fuels.
At least 60% of the Fund will be invested in SEIS Qualifying Companies.
The SidebySide EIS Venture Fund has been formed to invest in, and actively guide a select number of companies as they transition from scale-up to large scale commercialisation. The Fund seeks to invest in up to ten fast-growing technology-enabled businesses with £1-10million in revenue. In addition, the Fund may also, very occasionally, make small investments in a few earlier stage companies where SidebySide believe the management and strategic opportunity might evolve to make them future Fund members. The Fund will seek to invest in a minimum of three companies for each Investor. The Fund expects to make several follow on investments into each portfolio company, often less than 18 months apart.
Better Ventures EIS provides a fresh alternative to the challenges of venture building. Vala use their financial and intellectual resources to convert ideas into commercial opportunities that create capital value. The Vala Better Ventures EIS provides investors with the opportunity to participate in shares of 8-12 small companies with no more than 20% committed to one single company. Deployment is targetted within 12 months of investment into companies from the following sectors: technology, engineering, media and entertainment, fintech, lifestyle and wellness, food and beverage.
The Vala Sustainable Growth EIS aims to invest in companies that have the potential to grow rapidly, create significant value for investors, and make a positive contribution to the world’s sustainability challenges.
The goal is to invest in companies that are aiming to make a meaningful difference to one of the major sustainability issues facing our economy, society and environment.
Success for these companies will be defined by three equally important measures: their sustainability impact, their growth and development, and the value they build for investors.
Each investment will go into a diverse portfolio of 6-10 companies.
The fund manager reserves 2 years of AMC (+VAT) upfront so 96.4% of investment is deployed into the investee companies.
***Soft close of 10th February 2023 for targeted full deployment this tax year***
The dynamics of the technology market have been transformed over the past decade. The advent of the digital economy has given innovative start-ups the ability to disrupt the way well-established industries operate, with the potential to rapidly undermine entrenched businesses. It is a time of opportunity and the Velocity Technology EIS Fund supports these innovative companies who have the products and ideas to challenge the way a traditional business operates.
Velocity Capital Advisors aims to exploit this opportunity, appraising potential investments not just for the traditional business qualities of strong management, robust operations and risk management, but also for dynamic attributes that flourish in the digital economy and technology environment, namely: innovation, scalability, agility and speed to market.
***Next soft closes 31st January 2023 & 3rd April 2023 - both targeting full deployment this current tax year***
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