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What Is The Seed Enterprise Investment Scheme?

Seed Enterprise Investment

 

Seed Enterprise Investment Scheme is basically a scheme that was launched by the government of the United Kingdom for the investors. It was launched in April 2012 so that the investors may be encouraged to finance such start-ups that were otherwise considered to be risky. It was done by offering tax breaks in order to support such projects. This scheme is equally available for the enterprises as well as the businesses. The main motive of the SEIS scheme is to promote such projects that seem to be risky in the initial stages and take the same to the next level through financing. This in turn helps in contributing towards the national economy. Numbers of people are curious to know about this scheme in a detailed way. Let us now discuss some important facts related to this scheme.

What is the major purpose of the scheme?

Evidently, the major purpose for which the SEIS scheme was introduced and actually launched is the economic growth of the country. By way of offering tax reliefs to the investors, the government aims at promoting new enterprises and entrepreneurships across the nation. Particularly, it is meant to target the small businesses or projects that otherwise remain uninitiated due to lack of funds. When investors get great tax reliefs in lieu of making investment in the small scale projects or businesses, they readily come forward and hence contribute towards the economic progress of the nation as a whole. 

For whom the scheme is meant?

Well, the scheme is meant for the start-ups, small projects, businesses or enterprises that are otherwise thought to be risky by the prospective investors. Since the investors are offered tax relief by the government to make investment in such projects therefore they may expect good profit returns in the long run. Also the chances of losses or other uncalled for costs for the investors are reduced considerably this way. And this is what prompts them to make investments with the funds they have.

What are the benefits of the scheme?

In the long run, the scheme proves to be quite beneficial for the investors, start-ups, and small enterprises. It is because all of them have their share of profit or earnings by getting connected with this scheme.

This was all about the Seed Enterprise Investment Scheme. You may also avail of the benefits offered by this scheme and make your contribution in the economic growth and development of the country. 

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