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AIC VCT Conference 2014

Posted by Jason Rolf on 12/Jun/2014

The Association of Investment Companies (AIC) held it's fith annual VCT conference on the 11th June at Plaisterers Hall in the City of London.

The morning focused on the positive effect which VCT investment has had on UK SMEs and the benefits of this route compared with alternative funding methods.

Both Jeremy Banks, CEO of "Coolabi" and "It's All Good" Managing Director, Calum Ryder had had positive experiences from being on the receiving end of VCT investments including alignment of interests and the promotion of good corporate governance which may have been omitted via a passive approach.

HM Treasury was represented by Sarah Adams who confirmed the current regimes suport of VCT schemes and welcomed all feedback from managers and investors.

The morning ended with UK Labour's Enterprise Adviser Lord Mitchell outlining how small businesses are the foundation of economic growth in the UK. He is an active supporter of the digital and technology industries, announcing that over 600,000 people in London were employed in this fast-growing sector of the economy.

As part of this conference, the AIC published it's latest annual survey of VCT Investment:
"Going for Growth - VCT Investment 1997 to 2013".