Description

Mobeus Income & Growth VCT Plc functions as a venture capital trust, with a core strategy of investing in established, privately-held companies. It also has the flexibility to engage in co-investments with larger, mature unquoted businesses. The trust's geographic focus is exclusively on companies operating within the United Kingdom. Initial funding rounds for its portfolio companies generally fall between £0.02 million ($0.03 million) and £1 million ($1.56 million). Investments are structured as a combination of equity and loan capital. Furthermore, it targets businesses with gross assets not exceeding £15 million ($23.33 million) at the time of investment.