Gresham House Income & Growth VCT plc (GHV1)

Overview

The Income & Growth VCT plc operates as a venture capital trust focused on investing in companies at different stages of their development. This entity is particularly interested in engaging with businesses that are either unquoted or are part of the public market through a trading facility on the Alternative Investment Market (AIM) or on OFEX, now known as NEX Exchange. With a primary target on the United Kingdom, The Income & Growth VCT plc aims to support companies in the realm of support services, software and computer services, and general retail sectors. The investments are uniquely structured, combining elements of equity and loan, to provide a balanced approach towards supporting the growth and development of the invested companies. The fund's investment range is broad, starting from as little as £0.01 million ($0.02 million) to £1 million ($1.56 million), ensuring a wide scope of engagement with potential investment opportunities. Additionally, it adheres to a stringent guideline of not allocating more than 15 percent of its assets to any single company, a rule that underscores its diversification strategy and risk management framework.

Products and Services

The Income & Growth VCT plc offers a range of investment services tailored to support the growth and development of companies within its focus areas. Below are the primary avenues through which it seeks to provide value to its beneficiaries and investors:

• Equity Investments: Offering part equity investments allows The Income & Growth VCT plc to inject capital into businesses for a stake in the company. This form of investment is fundamental for startups and developing companies that are in need of capital but wish to avoid high levels of debt. It provides these companies with the essential resources to expand operations, research and develop new products or services, and enhance their market presence.
• Loan Investments: Complementing its equity offerings, The Income & Growth VCT plc also structures part of its investments as loans. This provides a flexible financing option for businesses that may be looking for immediate cash flow solutions or are in stages where debt financing is more appropriate than equity dilution. This method allows companies to benefit from capital influx while retaining control over their entity.
• Support for AIM and OFEX Listed Companies: By focusing on companies that have a trading facility on the AIM or on OFEX (NEX Exchange), The Income & Growth VCT plc provides a targeted niche of investment services. This support is crucial for publicly listed small and medium-sized enterprises (SMEs) that are often overlooked by larger institutional investors. Investing in these companies can facilitate further growth, enhance their visibility in the market, and provide additional liquidity options.