Venture capital investment hits £365m in bumper year

first_img INVESTMENT in venture capital trusts (VCTs) continued to rise following the recession, hitting £365m last year.The sum was the fourth highest amount invested in the product since it was launched in 1995, and higher than the £344m invested a year earlier, according to the Association of Investment Companies.VCTs could be set to take off even further from April next year, when sweeping reforms unveiled in chancellor George Osborne’s Budget last month come into effect.Among the reforms is a widening of the criteria for qualifying companies, from 50 to 250 employees and gross assets from £7m to £15m.Director general of the Association of Investment Companies, Ian Sayers, said: “The level of investment in VCTs has increased year-on-year since the financial crisis of 2008, proving that, as the economy recovers, the demand for investment from SMEs grows.” whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search Ads Show Comments ▼ Monday 11 April 2011 8:05 pm Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrapcenter_img Share whatsapp KCS-content Venture capital investment hits £365m in bumper year Tags: NULLlast_img