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SETsquared’s reaction to the Autumn Statement

SETsquared’s reaction to the Autumn Statement

The SETsquared Partnership is delighted to hear the plans to offer 50% income tax relief on investments announced today by George Osborne in the Autumn Statement.

SETsquared supports over 250 high tech high growth start-ups. Many of these companies require investment to ensure their growth. In the current climate, raising investment can be even more challenging. The income tax relief will provide a big financial incentive for business angels and high net worth individuals to invest in these growing businesses which will deliver our new economic growth for the country.

Graham Harrison, SETsquared Partnership Director in response to the news said “SETsquared welcomes the government’s announcement of 50% tax relief for individual investors. Initiatives like this which make more seed funding available to early stage companies are strongly supported by the Partnership. Business angels have always been key in the investment path for the companies we support.”

Graham Harrison is available for additional questions and interview if required.

For more information
Nick Daines, Lumen PR
nick@lumenpr.com
Tel: +44 (0)115 8412109
Mobile: +44 (0)7958 534731

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SETSquared is a partnership between

  • University of Bath
  • University of Bristol
  • University of Exeter
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  • University of Surrey