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20th January 2023 - 0 comments

Early-stage businesses target £2m of new equity says VCTA report

New research published today reveals that the UK’s class of small, fast-growing entrepreneurial businesses are looking to raise an average of £1.9 million in equity finance over the coming two years to fund their growth plans.

The study, commissioned by the Venture Capital Trust Association (VCTA), among 240 senior decision makers in charge of recently launched small businesses less than seven years old and employing up to 250 employees, reveals a strong appetite for growth despite the economic challenges facing the country.  An overwhelming majority (92%) of respondents said they are likely to consider raising equity through a Venture Capital Trust. 


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