Kuber Ventures, is pleased to announce that 8 new Enterprise Investment Scheme (EIS)/Seed Enterprise Investment Scheme (SEIS) funds have signed up to its platform. This now brings the total number of funds available to 24 on the Kuber platform: 15 EIS, five SEIS and four BPR funds.
The SEIS market is now experiencing the rapid growth enjoyed by EIS in recent years. In 2013-14, figures show that over 2,000 companies received investment through SEIS and £168 million of funds were raised*.This compares with 1,160 companies raising a total of £86 million under SEIS in 2012**. With tax relief of 50%, this shows a clear interest in the UK’s investment space for schemes that both benefit the individual and economy.
In the run up to 2015’s tax year end in April, fund managers are increasingly identifying the value in a platform which streamlines the EIS/SEIS investment process and allows them to easily diversify their portfolios, spreading risk for investors.
“Signing on five additional funds reflects an exciting time in the growth of the business, demonstrating Kuber’s credibility in the market and the longevity of our offering. Kuber now offers an extensive range of funds across a wide range of sectors making Kuber a natural one stop shop for EIS, SEIS and BPR investing.
“Kuber has a unique offering, along with a wealth of knowledge and experience, which has attracted these new funds to our platform and this is a strong start to 2016 for the company. Kuber’s long term strategy is to build partnerships with funds that are looking to diversify across a large group of EIS/SEIS investments and support with the complex EIS/SEIS investment process.