Calculus capitalises on lifted EIS sunset clause with new fund

Healthcare and technology

Following the government lifting the sunset clauses on Enterprise Investment Schemes, Calculus has launched its new Knowledge Intensive EIS fund.

The government policy was part of the Mini Budget and renewed the scheme beyond its 2025 deadlines. This move was warmly received by the investment trust community and Calculus said that the offering comes following the "renewed endorsement" from the government. Knowledge Intensive EIS will give investors the opportunity to invest in early-stage UK companies with a "societal purpose and impact", while at least 80% of the fund's capital will be invested in firms "carrying out research and development to create new intellectual property". Mini Budget 22: Extended VCT tax relief 'welc...