Latest EIS and SEIS stats show significant increase on previous year

Author

UK Business Angels Association

25 August 2015

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 through the scheme,

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%

For further details see

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/448308/July_2015_Commentary_EIS_SEIS_Official_Statistics.pdf 

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