France wants to boost angel investment by copying UK’s investment schemes

France wants to boost angel investment by copying UK’s investment schemes

a year ago
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https://techcrunch.com/2023/10/24/france-wants-to-boost-angel-investment-by-copying-uks-investment-schemes/

As part of France’s budget for 2024, which was passed last week by the French government without a vote, France plans to create a new tax relief system for angel investments in tech startups. In many ways, France is drawing inspiration from the British tech ecosystem for this change.

If you’re an angel investor in the U.K., chances are you’re already quite familiar with the acronyms SEIS and EIS, which mean Seed Enterprise Investment Scheme and Enterprise Investment Scheme. These two tax relief schemes have fostered angel investments in small private companies — generally tech startups — since 1994.