The Enterprise Investment Scheme Association (“EISA”) is pleased to have this opportunity to
comment on the Venture Capital Schemes Manual guidance on the proposed ‘risk-to-capital
condition’. This submission is being made by the Tax and Technical Committee of the EISA on behalf of its board and members.
Changes to EIS prompts trade body EISA to release new risk guide for financial planners
The Enterprise Investment Scheme has, since its inception, raised a total of £16.2bn for over 26,000 small and medium-sized enterprises. By allowing companies to raise up to £5m a year – capped at a total of £12m in a company’s lifetime – the EIS has emerged as a vital platform of growth-finance for the UK’s start-up and scale-up entities.
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