Friday, March 23, 2007

VCT Downdraft

The Budget 2007 has put a size limit of 50 employees and a total investment of £2M for Venture Capital Trust investments, which maybe will drive dealflow into our area of activity. I don't have any stats, but I would guess previously very few VCTs would have invested in this sector and most AIM flotations will be above the VCT investment limit going forwards - a number of established AIM VCTs have already pulled their 2007/8 offerings.

How about someone creating a VCT targeted specifically at smaller technology companies with significant growth potential?

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