High-net worth wrap provider Platform One and Seed EIS are to launch an integrated platform for Enterprise Investment Schemes.
The platform will allow sophisticated investors and advisers to find, select and hold seed EIS schemes.
EIS schemes qualify for 50% tax relief and potentially up to a further 28% saving on capital gains tax under the Government's new initiative to help finance start-up companies.
Mark Insley, chief executive of Seed EIS Platform, said: "By combining the complementary services of the Seed EIS Platform and Platform One we have created a unique online facility that will support UK financial advisers wishing to help their high value clients benefit from the Seed EIS opportunity.
"It will also enable the adviser and the client to hold and track their SEIS investments easily."
Michael Fordham, managing director of Platform One said: "Both our companies are very pleased to be able to help small businesses obtain the finance they need to start and grow.
"This new source of funding available via Seed EIS is particularly important at the moment as the traditional sources of finance for such companies have almost dried up."
"The new service will also help UK advisers locate and select the right SEIS investments for their high value clients and obtain the significant benefits of SEIS."
'Illusion of control'
Reasons to be cheerful
Total investment reaches £9m
Medium to long-term capital growth