Funding to Flourish: The Case for Tax Relief on Early Stage Investment

The APPG for Entrepreneurship and VCTA invite you to join us for the launch of a new report at the House of Lords : Funding to Flourish: The Case for Tax Relief on Early Stage Investment

The United Kingdom has an enviable start-up ecosystem. Over the last decade, the amount invested in start-ups has increased seventeenfold, from £1.6bn in 2011 to £27.7bn in 2021. London is by far and away the start-up capital of Europe – receiving twice as much investment as second-place Paris. This investment has helped establish world-leading companies – creating thousands of well-paying jobs, and generating tax revenues to pay for public services in the process.

Much of this success is owed to pragmatic government support, providing the right environment for the ecosystem to thrive. Among this support has been the UK’s equity tax relief schemes: the Seed Enterprise Investment Scheme (SEIS), the Enterprise Investment Scheme (EIS) and Venture Capital Trusts (VCTs). All of these schemes confer a tax benefit to people who take a risk in backing British start-ups, and many founders agree that they have been indispensable to getting their business off the ground.

The report makes the case for these tax reliefs and the accompanying event will bring together policymakers and members of the UK’s entrepreneurial and investing community.

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Event Venue & Nearby Stays

Cholmondley Room and Terrace, House of Lords, Parliament Square, London, United Kingdom