Eric Burns, Deputy Head of Institutional Research based in our Leeds office recently spoke to the Yorkshire Post about EIS and VCT Investment and how companies can take advantage of a tax qualifying issue on AIM.
The current environment for those companies qualifying for EIS and VCT investment is very favorable, both in the private and public (AIM) markets. Whilst investors will expect to do substantial due diligence before committing to what is by nature a long term and relatively illiquid asset, even on AIM, a growing pool of money with a finite lifespan to be deployed can shift the balance somewhat in favour of companies seeking new capital. Whilst spring is traditionally the time for investors to get their personal affairs in order, it may also be time for the bosses of Yorkshire’s fledgling businesses to have a good look at whether EIS and VCT investment can help them grow into the stars of tomorrow.