
The Enterprise Investment Scheme (EIS) appears to be losing popularity with entrepreneurs, if the dramatic decline in firms making offers under the scheme is anything to go by
EIS and its sister scheme the Seed EIS (SEIS) are popular with startup investors because they offer tax breaks on profits and losses. But investment opportunities are thin on the ground in 2016-17. Venture Capital Trusts (VCTs) appear to be affected, too, with investors being turned away.