Jon Prescott explores why the current economic and political landscape means that, in his view, 2025 is shaping up to be the year of the VCT…
Last year saw some key successes for Venture Capital Trusts (VCTs), laying the foundations for further growth in 2025, especially for those positioned to drive value for investors and deliver on new opportunities. We're now in a unique position, where economic and political drivers are converging around high growth private markets, putting targeted funding for innovation and the valuable tax reliefs of VCTs centre stage. Pivotal VCT milestones in 2024 According to the Association of Investment Companies (AIC), VCTs raised £882m in the 2023/24 tax year - the third highest fundraising...
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