HNW Magazine explores profit and wealth strategies for high net worth individuals, entrepreneurs and business angel investors.

Company funding

By HNW Editorial

Official figures released by Government on 29 July 2015 show that small businesses raised £1.46 billion through the Enterprise Investment Scheme (EIS) in 2013/14, the highest ever annual amount.

This is a 41% increase on 2012/13 when £1.03 billion was provided by investors.

The previous record was set in 2000/01 when £1.07 billion was raised through the EIS.

HMRC data shows that 2,710 small companies raised funds through EIS in 2013/14, up 10% from 2,465 firms in 2012/13.

Funds raised through the seed enterprise investment scheme (SEIS) also saw large increases, with participating firms raising £164million in 2013/14, up from £86 million in the previous year.

Participation in the SEIS also grew dramatically last year with 1,995 companies benefitting from the scheme in 2013/14, up from 1,155 in 2012/13 – an increase of 73%.


“Angels Den Expands Into Mexico With $Million Investment”


You Can Follow HNW Here

Leave a Reply

Your email address will not be published. Required fields are marked *