Demand for venture capital trusts (VCTs) has been strong. Between 6 April 2017 and 31 January 2018, VCTs raised £483m – more than double the £221m raised between 6 April 2016 and 31 January 2017, according to the Association of Investment Companies (AIC). But this means that although investors had more offers to choose from than in some previous tax years, several VCTs have already completed their fundraisings. These include the Baronsmead, British Smaller Companies, Northern, Octopus Aim, ProVen and Unicorn Aim vehicles.
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