Britain’s small businesses, particularly in the tech sector, proved an attractive proposition in 2021, with equity investment hitting a record £18.1 billion.
The figure, an increase of 88 per cent, was almost double that of COVID-affected 2020, with a total of 2,616 deals.
The boom continued into the first quarter of 2022 with investment of £7.6 billion, which in itself is the highest recorded in a single quarter, according to the British Business Bank’s annual Small Business Equity Tracker.
Investment in UK tech companies, a driving force for the economy, doubled, rising to £8.2 billion in 2021 and up from £4.1bn the previous year.
The report added that investment in the sector is crucial for building the future economy and strengthening its position as a tech hub in Europe.
Seeking legal advice when seeking investment can help to minimise your risk and could even open up new avenues of funding for you.
Many lenders and investors will undertake financial and legal due diligence, so you should also make sure your own affairs are in order.
If you require legal advice on planned investments, please speak to our Corporate team today.
