Nick Bird considers the continued high demand from the small business community for VCT investment, pointing to a number of investment sectors that are showing promise, including the future of health, the future of money, and ‘deep tech’. He also looks at the growing trend to consider environmental, social and governance issues and how these can be incorporated.
John Glencross reflects on a strong year for Calculus in 2019 and discusses the opportunities in the VCT market over the coming year. He also talks about the importance of good management teams as part of any investment decision.
Venture Capital Trusts (VCTs) celebrate their 25th birthday in 2020 but the market appears to be only just getting started, with rising demand from both investors and investee companies seeking to take advantage of the benefits these investment vehicles can offer.
As the market grows and matures, we are responding by changing the way we cover the tax-advantage landscape, by moving from annual reports to quarterly updates that will give readers a clearer picture of developments as they happen and a better understanding of the landscape, rather than an annual snapshot.
As well as containing all our usual figures and analysis from the MICAP platform, this Update includes the latest government statistics plus performance data provided from the Association of Investment Companies (AIC). It also has expert commentary and takes a look ahead at what we can expect in the coming months, including March’s Budget.
Dan Perkins highlights the growth opportunity currently available within the creative industries in the UK and explains how Great Point Media’s EIS fund is helping to support that. He also explains that the creative industries have now begun to adapt well to the risk to capital condition, while also discussing the government’s knowledge-intensive fund.
Jasper Smith considers the political and economic climate over the past year and reflects on the potential of small businesses to deliver strong growth. He explains how Vala creates new investment opportunities through its entrepreneurially driven approach, and discusses how Vala deals with the risks involved in EIS funding.
Kealan Doyle talks about some of the exits that Symvan Capital has enjoyed over the past year and suggests that the market for strong UK firms is buoyant at present, creating good opportunities for exits. He also says that the recent risk to capital changes have been positive for the market.
Billy Brown takes a look back at the last year, focusing on the launch of Triple Point’s Impact EIS and how that has been received by the market. He underlines that impact investing is potentially outperforming traditional markets while at the same time doing good in the wider sense.
Reuben Wilcock discusses the strong dealflow that Blackfinch has been seeing in recent months and explains the ethos behind Blackfinch’s team. He also gives some explanation of Blackfinch’s use of experienced, seasoned founders as ‘UltraNEDs’ on the boards of investee companies, and delves into the background of his own career path.
Madeleine Ingram discusses why it’s an exciting time for UK entrepreneurs and explains a bit more about Calculus Capital’s Creative Content Fund, revealing some important developments in the fund. She also explains why Calculus is well-placed to deal with any fallout from the new government.
Steve Harris looks back at a busy 2019 and is upbeat about the potential for a strong start to 2020. He also takes a close look at the impact of the Patient Capital Review and how that continues to impact the EIS market across the board, as well as what it means for Committed Capital.