HM Treasury has published an Infographic on the Seed Enterprise Investment Scheme (SEIS). Described as the “Little Sister” to the Enterprise Investment Scheme (EIS), the incredibly powerful incentive for investors to help fund small businesses is experiencing some very positive results. Only launched in 2012, 19 companies per week are using the SEIS and over £82 Million has been raised for companies.
The SEIS dramatically reduces risk associated with investing in small companies by allowing investors to reduce their tax exposure. The UK Government has not only recognized that small businesses are the engine of economic growth, they have done something dramatically different to aid in economic development and thus job creation.