British Smaller Companies Vct Plc

British Smaller Companies VCT plc is a venture capital trust that invests in early-stage, mid- and late-venture, later-stage, recapitalizations, growing capital-consuming businesses, acquisition funding, and business development. It targets mature, VCT-qualifying and non-qualifying unquoted and quoted companies listed on the Alternative Investment Market and ISDX. The evergreen fund focuses on sectors such as business services, manufacturing, industrial, healthcare, software, information technology, telecommunications, retail, and brands, and prefers investments in the United Kingdom. It typically invests between £1 million ($1.45 million) and £10 million ($14.48 million) in companies with sales of £5 million ($7.24 million) to £25 million ($36.21 million), and between £0.25 million ($0.36 million) and £1 million ($1.45 million) in development capital, sometimes using preference shares and loan stock, with an average holding period of seven years.