Calculus Capital reported a record year in 2017, with £30m invested and over 500 companies reviewed over the 12 months to 31 October.

Calculus believes this is evidence of the strong appetite for EIS and VCT investments and the robust health of the UK’s SME sector, which provided the team with a diverse range of attractive opportunities across a broad spread of business areas.

John Glencross, Chief Executive of Calculus Capital, said: “We’ve been investing in SMEs for almost 20 years and have a highly experienced team, with very demanding investment criteria. The range and quality of opportunities we identified over this 12 month period, which is our financial year, was striking though.