Individuals are attracted to the idea of investing in new businesses for a number of different reasons. For some, there may be a desire to become involved in a business niche where they have direct experience. Some people may also be interested in the idea of nurturing innovative new ideas. Investing in new businesses is not for everyone and it is important for individuals to go into it with a full understanding of the risks involved.
Policymakers recognise the importance of investing in new businesses in terms of encouraging economic growth and job creation. As a result, there are a number of incentives in place to encourage investors. One of the most notable schemes available is the Enterprise Investment Scheme. Under this, investors who invest in qualifying small, unquoted companies are able to take advantage of a number of attractive tax reliefs. This includes 30% upfront income tax relief, CGT deferral for the duration of the investment as well as tax free growth. Investors can also benefit from up to 50% loss relief on any investment that decreases in value.
The Rockfire Renewables EIS Portfolio service is likely to be of interest to many investors. To find out more about this product and EIS investing in general, useful information is contained on the Rockfire Capital website. This company is based in central London and is regulated by the Financial Conduct Authority to conduct investment business. Rockfire Capital acts as a third party service provider on behalf of organisations seeking to raise capital. In this role, the company offers structuring, administration and management services. Rockfire Investment Management also offers a range of investment products that it provides to a wide client base including private clients, family offices, SMEs, charities and other institutions in addition to professional advisors. To find out more about the company it is worth checking out this Rockfire Capital business profile.
This particular company has specific expertise in both EIS investments and in the renewables niche. Green energy projects are a particular draw for many small business investors. There are a number of very good reasons for this. For one thing, policymakers across the globe tend to hold such projects in high regard. This was demonstrated recently with the release of a report from the Department for Energy and Climate Change showing the importance of renewable energy for the economy as a whole. Investment in this niche last year reached the £8 billion mark.