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Committee Material Published 24 Jul 2023 ↗ View on Parliament

The funding limits on tax-beneficial venture capital funding through the EIS and VCTs schemes limit their utility in helping companies grow and scale-up in today’s economy. Altering these limits presents an opportunity to support domestic business growth through established policy routes.

The funding limits on tax-beneficial venture capital funding through the EIS and VCTs schemes limit their utility in helping companies grow and scale-up in today’s economy. Altering these limits presents an opportunity to support domestic business growth through established policy routes. Type: conclusion | Number: 15 | Paragraph: 76 | Response status: not_addressed Government response: HM Treasury has carefully considered the Committee’s recommendation. Supporting scale up businesses to grow and prosper is important and the government continues to do this in a number of ways. The British Business Bank continues to support start-ups and scale-up businesses throughout their growth d