Resources List
UNDER Venture Capital Trusts
Key statistics
Since the first VCT was launched in 1995, the VCT sector has seen impressive growth. While offering significant advantages to investors, VCTs also provide essential funding for hundreds of small UK businesses. The following statistics highlight the positive impact of VCT funding on these companies.
- 1995: The year VCTs were introduced.
- £1.1 billion: Raised by VCTs during the 2021/22 tax year.
- £1.7 billion: Invested in small UK businesses by VCTs since 2018 (Source: Funding opportunity – Making a big impact on small businesses, Association of Investment Companies, September 2022).
- £11 billion: Total raised by VCTs since their inception (Source: Venture Capital Trust statistics: 2022, HMRC, January 2023).
- 530: The number of high-growth potential businesses that VCTs have invested in since November 2017 (Source: Funding opportunity – Making a big impact on small businesses, Association of Investment Companies, September 2022).
- 51%: The proportion of VCT-backed businesses that export internationally (Source: Funding opportunity – Making a big impact on small businesses, Association of Investment Companies, September 2022).
- 70%: The percentage of investee companies reporting sales of up to £5 million in their last financial year (Source: Funding opportunity – Making a big impact on small businesses, Association of Investment Companies, September 2022).
- 35%: The proportion of VCT-backed businesses classified as knowledge-intensive (Source: Funding opportunity – Making a big impact on small businesses, Association of Investment Companies, September 2022).