The Venture Capital Trust Association (VCTA) Represents Twelve of the Largest Venture Capital Trust Managers in the United Kingdom
Together we support a range of high growth, small businesses across the UK, operating in sectors as diverse as digital technology, software, medicine development, specialist manufacturing and online retailing.
The Association of Investment Companies (AIC) has released figures showing VCTs raised £882 million in the 2022/23 tax year - the third highest annual amount since VCTs were introduced in 1995.
Transreport, the UK’s fastest-growing accessibility technology company, has secured £10m in funding from VCTA members Puma Private Equity and Pembroke VCT, to help expand its flagship Passenger Assistance technology.
An investment roundtable was held last week in Sheffield to discuss how the business community and politicians can continue to increase investment in Yorkshire’s fast-growing start-up and scale-up companies.
The Venture Capital Trust Association (VCTA), which campaigns for the vital role played by Venture Capital Trusts (VCTs) in supporting the UK’s entrepreneurial economy, has appointed Chris Lewis as Chair.
The VCTA welcomes the Government’s confirmation that the current sunset clause which applies to the Enterprise Investment Scheme (EIS) and Venture Capital Trusts (VCTs) will be removed.
The VCTA publishes a new report featuring insights into the concerns, constraints and opportunities facing the UK’s most ambitious scale-ups. The research - gathered from a survey of 119 fast-growing firms - highlights that scale-ups identify insufficient capital as the most significant barrier to growth, with over a third (36%) identifying it above all other factors.
The VCTA publishes new data gathered from over 600 early-stage companies that have benefited from VCT funding, which shows that deployment of capital into early-stage startups grew 8% year-on-year to £664 million, proving resilient in context of wider UK venture capital funding, which fell by almost a quarter (23%) in 2022.
The VCTA welcomes today’s Treasury Committee report on venture capital, which calls for urgent action across the sector to guarantee continued investment in small businesses.
VCTA member Maven Capital Partners has today announced that it has led a £1.42 million investment in Chester-based iAM Compliant Limited. The newly secured funding, which includes a £1.1 million investment from the Maven VCTs and a £320,000 investment from NPIF Maven Equity Finance, will be utilised to support iAM's ongoing growth initiatives.
