Venture Capital Trusts
The question
To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential merits of adjusting the annual limits for VCT investee companies alongside inflation.
Answered by James Murray
The Venture Capital Trust (VCT) Scheme was evaluated in 2022, and these evaluations were published on gov.uk: https://www.gov.uk/government/publications/evaluation-of-venture-capital-schemes.
The evaluations found that the schemes were well targeted to address the market failure which makes it difficult for early-stage, high-risk companies to secure the investment they need.
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