British Smaller Companies Vct 2 Plc

British Smaller Companies VCT 2 plc is a venture capital trust focused on emerging growth, growth capital, acquisition funding, and development funding. It operates as an evergreen fund and invests in a range of securities, including ordinary and preference shares and fixed income securities such as corporate bonds and gilts, in both VCT qualifying and non-qualifying securities. The fund targets companies in sectors such as protectable technologies, business services, manufacturing and industrial services, healthcare, software, information technology, telecommunications, retail, and brands, primarily in the United Kingdom. It invests between £1 million ($1.45 million) and £10 million ($14.48 million) in companies with sales values between £5 million ($7.24 million) and £25 million ($36.21 million), typically taking majority stakes and holding investments for an average of seven years.