Government considers 'knowledge-intensive EIS fund structure'

The paper - Financing growth in innovative firms: Enterprise Investment Scheme knowledge-intensive fund consultation - said the government would do this while making clear the limitations within which such a fund model would operate. A further aim of the consultation is stated as being to build the government's understanding of the capital gap that knowledge-intensive companies face and to seek views on the best way of closing that gap. The government stressed it did not intend to introduce a new scheme but, rather, envisaged any new fund model would build on the existing EIS rules. I...