Archangels Budget reaction: The government has made the right noises. Now it needs to deliver measures that work in practice”

David Ovens, Joint Managing Director at Archangels, said:

“The Chancellor’s decision to widen eligibility for, and extend, enterprise incentive schemes is a clear demonstration of support for the role which founders and investors play in economic growth. Both EIS and VCT have been instrumental in channelling patient capital into innovative businesses, and continuation of the schemes ensures we can keep backing ambitious founders with confidence.

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