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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.

Below are some key points with our commentary alongside:

In 2016-17, 3,470 companies raised a total of £1.797 billion of funds under the EIS scheme. In 2015-16, 3,545 companies raised £1.954 billion of funds. 2,260 companies received investment through the Seed Enterprise Investment Scheme (SEIS) and £175 million of funds were raised, down from 2,405 and £182 million in 2015-16.

We are excited to tell you that the EIS Association is launching a new membership programme specifically aimed at Financial Planners and Regulated Advisers. And its FREE!

The fourth edition of ZeitgEISt, giving you news, opinion and thought leadership from within the EIS and SEIS industry.

Since Britain voted to leave the European Union in June 2016, it has been reported that the UK economy has received ever-greater levels of private investment into the capital. A record £2.99bn was invested in tech SMEs, while a record £46bn was invested into tech-focused funds in 2017 – a 600% increase on 2016.