INNOVATION ENTERPRISE
Key facts
| Status | CLOSED |
| Product | Withdrawable Shares |
| Investing in | Inclusive economic growth and disadvantaged communities |
| Offer opens | 7th January 2019 |
| Offer closed | 24th March 2019 |
| Offer price, per share | £1 |
| Minimum investment amount | £500 |
| Maximum investment amount | £100,000 |
| Min. raise for offer to proceed | No minimum |
| Maximum raise | £500,000 |
| Location of project(s) | West Midlands |
Financial performance
ART has a strong Balance Sheet and track record, including repayment of all loans made by banks and others over 20 years in line with terms and conditions.
Shares are offering a tax relief of 5% per anumn of the initial monies invested for 5 consecutive years.
Social performance
Since launch in 1997, ART has lent over £25m to more than 1,300 businesses that may have grown more slowly, or even ceased to trade, because they couldn’t obtain the finance they needed from anywhere else. Those businesses have safeguarded or created in excess of 7,250 jobs.
Business profile
Aims, social and financial performance, and how it's run
Offer document
The information on this website is only a summary of the offer document.
Before applying for shares the whole text of the accompanying share offer document and business plan should be read.
IMPORTANT INFORMATION FOR PROSPECTIVE INVESTORS
If you are in any doubt about the information on this website, the content of the accompanying prospectus or the action you should take, you should immediately consult a person authorised for the purposes of the Financial Services and Markets Act 2000, who specialises in advising on investment in shares and other securities.
Prospective investors should be aware that the value of the shares, which will not be quoted, cannot go up, but can go down. In addition, there is no certainty that investors will get back the full amount they invest.
As of the 25th March 2019 this offer is closed.
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