In an exclusive interview, IFA Magazine recently spoke to Dr. Reuben Wilcock, head of ventures at Blackfinch.
We found out how the company operates given its laudable aims to deliver successful outcomes for EIS investors, businesses and the economy, whilst maintaining a keen focus on positive impact as an ESG investor. We also delved into broader territory to discover what he thinks might lie ahead for the sector in 2021 and beyond, an awareness that’s more important for fund managers now than it ever has been.
Blackfinch Ventures have a strong track record in EIS, having previously raised funding across various sectors. Their core investments lie in forward-thinking technology companies offering ground-breaking new concepts, using highly specialised technology. With the potential to change the way we live and work, these companies are set to make an impact in global markets.
Some of their best and brightest investments are adapted to the changed climate from the coronavirus pandemic, and demonstrate Blackfinch’s innovative attitude towards investing in the future. On their portfolio are Tended, a company offering pioneering wrist-wearable safety devices developed to help employees maintain social distancing and employers to quickly contain a potential outbreak from damaging their business. Another company is Kokoon, whose headphones and app have proven extremely popular with lockdown leading to increased isolation and mental health issues for many people. Through Kokoon’s app, users can benefit from tailored sleep coaching and integrated cognitive behavioural therapy for insomnia, developed with support from Europe’s largest sleep clinic.
With robust risk management and a well-diversified portfolio, Blackfinch are grounding themselves as one of the most trusted venture management companies in the industry. For a complete overview of Blackfinch’s EIS portfolio, click here:
For those looking still to invest before the tax year closers, Blackfinch Ventures EIS offer a unique opportunity for your clients to be fully invested by 5th April 2021, enabling them to carry back to 2019/20 for Income Tax relief. Your clients’ investments will be diversified over a portfolio of up to 10 ESG focused tech-enabled companies.
Applications for the carry back opportunity have to be received by Blackfinch by the 19th March 2021. Book a call here to discuss carry back availability
