Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the potential impact of the Seed Enterprise Investment Scheme on investment in early-stage British-owned businesses.

At Autumn Statement 2023, the Government published the report of an independent evaluation of the Seed Enterprise Investment Scheme (SEIS), conducted in 2022. The evaluation explored the impact of the SEIS in meeting its policy objectives and found evidence that it was appropriately designed to mobilise additional investment in start-ups and early-stage companies from private investors, providing those businesses with valuable funding for business development and innovation that would otherwise be difficult to find from other sources. The full report can be found here: Evaluation of Venture Capital Schemes - GOV.UK (www.gov.uk)