HM Treasury has begun consulting on the future of seed and early-stage investment in the UK after the government announced reforms to the Enterprise Investment Scheme (EIS) and Venture Capital Trusts (VCTs) in March's 2011 Budget.
The cash holdings of venture capital trusts (VCTs) have increased for another year, with funds totalling £816 million for the 2010-11 tax year - a jump of more than 3.5 per cent on the year before, research reveals.
A £1 million accelerator programme for North East England has been launched that aims to tap into Newcastle’s burgeoning technology start-ups by investing up to £100,000 in companies.
Mid-market private equity house Penta Capital has committed £60 million to a new company that has been created to acquire UK managed data service providers.
Mid-market private equity investors RJD Partners have backed the £30 million buy-out of Intrinsic Technology from its founder and majority shareholder Allan Gauld.
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