Haatch’s first new-look SEIS fund open for applications

by | Oct 3, 2022

Share this article

Haatch launches the first new-look fund as it looks to utilise the new increase in SEIS limits announced last week.

Last week the Government and Treasury reaffirmed the long-term future of EIS and SEIS and made significant improvements to the SEIS scheme from April 2023 including the ability for investors to invest £200,000 per year (up from £100,000) and companies to raise £250,000 (up from £150,000).

All investments made by this fund will be dated post-April 6th 2023 meaning investors can benefit from the new SEIS limits for the 2023/24 tax year or invest under the current limits by using carry-back relief to the 2022/23 tax year subject to individual circumstances.

In addition, every Haatch SEIS investment will be supported by an additional minimum £60,000 of British Business Investments money, from our new £10m commitment announced last month, meaning our standard pre-seed SEIS cheque will be at least £310,000 enabling founders the best possible start on their journey from startup to scale up to exit.


What is the Haatch SEIS fund offer?

  • Portfolio of 10-15 companies focused on digital transformation
  • Target 10x return on monies invested
  • Target investment time horizon of 5-10 years
  • Minimum investment £10,000
  • British Business Investments is investing alongside you in each deal
  • Investments will be made in the 2023/24 tax year with the ability to carry back

What does this mean for you?

  • Lock in your 2023/24 SEIS allocation now before the Haatch offer is oversubscribed
  • Investors can now invest up to £200,000 under the new rules (and carry back £100,000)
  • All investments will take place by the end of Q2 2023 and will include “new look” SEIS investments from Q1 2023 via ASAs which convert post-April 6th 2023 to take advantage of the new limits

Applications are now open and offered on a first-come, first-served basis. If you have any questions, contact the Haatch team on jessica@haatch.com or 07958 213122.


Share this article

Related articles

OnePlanetCapital Climate Change EIS Fund

OnePlanetCapital Climate Change EIS Fund

Renew Risk raises £1.7M seed funding to improve the financing, planning and insurance for renewable energy infrastructure. Round led by strategic investor Insurtech Gateway with participation from ClimateTech fund One Planet Capital, The London...

Trending articles

IFA Talk logo

IFA Talk is our flagship podcast, designed to fit perfectly into your busy life, bringing the latest insight, analysis, news and interviews to you, wherever you are.

IFA Talk Podcast - listen to the latest episode