Following lobbying from Responsible Finance and its partners HM Treasury recently approved the use of the Enterprise Finance Guarantee (EFG) on investments made using the Community Investment Tax Relief (CITR). This is good news for the sector as it opens up new opportunities for responsible finance providers to raise new investment.
In light of this change we are holding a 1-day workshop on using the two schemes together. The purpose of this workshop is to cover the technical aspects of using CITR and EFG, and explore models for using the two programmes in practice. It is a good opportunity for responsible finance providers to:
- Learn about how to become accredited for EFG and/or CITR if you are not already
- Align on best practices for using each scheme
- Understand the technical aspects of using the two schemes together to raise new funds
- Discuss as a sector how to effectively market CITR to investors
CITR has historically been underutilised; using CITR and EFG together now improves the risk/return for investors. As a sector we should take advantage of this change and this workshop will provide the tools and resources to do so.
Agenda
This workshop will be delivered by Seb Aslan and Rob Freeman, both former BEIS civil servants who managed CITR.
- Session 1: Overview of technical aspects of CITR and EFG: This session will cover the practical aspects of delivering the CITR and EFG programmes
- Session 2: Using the programmes in practice to raise investment: This session will cover several options for CITR to be used to attract investment (debt finance, share capital, individual investors, wholesale opportunities)
- Session 3: Accreditation process for EFG/CITR: This session is targeted at those not yet accredited for one/both programmes and will cover the application processes and requirements
Attendees will receive CPD credit for attending.
The workshop will take place in London (venue tbc). The cost of attending this session for Responsible Finance members is £175.00 + VAT. Second and third attendees receive a 15% discount.
Bookings
To find out more and book a place, please contact [email protected]