A new tax-efficient fund has been launched by Finance South East in association with Angels Den to invest in early stage private companies with high growth potential.
The early stage EIS investment fund is designed to provide investors with a spread of investments that qualify for the tax reliefs available through the Enterprise Investment Scheme (EIS).
The Fund will help companies to grow, ensuring that they are appropriately backed and will manage them through to the point when another company buys them or they are growing sufficiently fast to consider a listing on the Stock Market. It also allows angel investors to enjoy the same exposure to companies that wealthier investors follow, but without devoting large amounts of time and money.
Deals will be sourced from a range of sources, but Angels Den will be a key deal sourcing partner and will advise and assist the Fund Manager in sourcing and qualifying investments, as appropriate.
Bill Morrow, founder of Angels Den said: “ Being a business angel can be extremely rewarding but it can take up a lot of time and money. This Fund allows the investor to enjoy the same exposure to companies that wealthier investors follow, but without devoting large amounts of time and money and doing it in a tax efficient fashion.”
The closing date for investments in Adimpetus EIS Fund 2011 is 5 April 2011. For further information visit the Angels Den website.
Tags: Adimpetus EIS Fund, Angel investors, Angels Den, Bill Morrow, Business Angel, EIS investment, EIS investment fund, Enterprise Investment Scheme, Finance South East, Stock Market, tax-efficient fund