Maven Income and Growth VCT 3 PLC is a venture capital trust focused on development capital and early-stage investments, preferring later-stage private companies. It does not invest in hostile public-to-private transactions. Its objective is long-term capital appreciation, mainly through investments in smaller unquoted and AIM-quoted UK companies with strong growth potential. The fund invests up to £1 million ($1.65 million) per company per year and no more than 15% of its assets by cost in any one business at any time, seeks a non-executive board seat at investee companies, and may co-invest in larger deals.