Praetura Growth VCT
Closing Date: –
The programme provides equity investment for early-stage businesses led by founders and management teams in the North of England that are seeking support to scale.
Praetura Growth VCT is a venture capital trust that supports early-stage businesses, with a particular focus on companies based in the North of England. The fund offers an additional source of capital for founders seeking to scale and provides investors with geographic diversification.
Venture capital trusts were introduced by the government in the mid-1990s to encourage investment in young companies with growth potential. Through a VCT, investors can back these businesses in return for tax reliefs and tax-free dividends, as set out under the scheme’s rules. Praetura Growth VCT operates within this framework while concentrating on opportunities in the region’s developing business landscape.
| Funding body | PXN Ventures |
|---|---|
| Maximum value | £5,000,000 |
| Reference ID | S54801 |
| Category | Business Support |
| Fund or call | Fund |