ESM Investments launches VCT

ESM Investments is casting the net wider in the search for wealthy investors to back a new technology growth fund.

It is expected to seek out overseas investors as it looks to grow its investor base from 80 to 200 individuals.

Since its formation in 2011 ESM has invested £8 million in technology start-ups across a number of sectors including energy, finance, media and the arts.

Founder and CEO of the Stirling-based company Steven Morris has launched a £25m venture capital trust which is targeting ‘next stage’ technology companies.

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