Blackfinch Spring Venture Capital Trust (VCT)

Investing in proven technology businesses on their scale-up journey

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Offer period

11th September 2025 - 24th August 2026

Next deadline for completed application forms and cleared funds

5pm 26th January 2026

Next allotment date

28th January 2026

Loyalty Offer

Existing Blackfinch Investors will benefit from an enhanced rate of discount in the amount of an additional 1% discount. This discount can be used on top of the early bird discounts and is also available throughout the entire year, no end date.

Investing in Growth-Stage Companies

The Spring VCT invests in new tech-enabled firms with a strong focus on research, development and innovation. We target firms at growth stage that have already raised funding, gained traction and are seeking to accelerate their progress. We aim for diversification, and broad opportunities. We source both new deal flow and companies from the Blackfinch Ventures EIS Portfolios.

Existing Revenue and Customers

Companies will typically need to show evidence of having gained traction in the market, often in the form of revenue. They will also need to be credible in their ability to acquire customers. This would typically be through growth metrics. We know that firms with these characteristics have a higher chance of efficient, quantified growth, which is key to future success.

High-Growth Potential

Companies must be capable of growth through disrupting large growing markets that are typically worth at least £1 billion. They must also offer the potential for significant returns at exit. We’re focused on growth within the VCT’s investment timeframe. Only in exceptional circumstances would we consider highly regulated industries that take a long time to get to market and exit.

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VCTs explained simply - watch our short video

With Consumer Duty rules high on the agenda for financial advisers, it’s essential to help clients gain a better understanding of any investments you discuss, so they have confidence in your advice and the products you recommend.

This Blackfinch Spring VCT video, part of our Unpacked Series, is a great starting point for venture capital trusts. It gives clients all the information they need to know, including the tax incentives they can claim, as well as why the Blackfinch Spring VCT might be the investment solution they’re looking for.

Independent insights: Blackfinch Spring VCT

External analyst Dr Brian Moretta, Head of Tax-Advantaged Research at Hardman & Co, is hosted by Keith Hiscock, CEO of Hardman & Co, as they discuss the Blackfinch Spring VCT.

In this discussion, Brian explores how Blackfinch Spring VCT is managed, the investment strategy behind the portfolio, and the types of growth companies the fund aims to back. The conversation also covers how the team sources opportunities, the support provided to businesses post-investment, and what investors may want to understand about the fund manager and approach.

If you’re considering VCT investing, this video provides clear, expert insight into how the strategy works in practice.

Watch the Analyst Q&A

VCT Tax Benefits

Up to 30% Income Tax relief (minimum holding period five years)

Gains exempt from Capital Gains Tax (CGT) when investors sell their shares

No Income Tax on any dividends from a VCT

Benefits of tax-efficient investments are subject to change and personal circumstances

Book a meeting to find out more

Defaqto Diamond Rated Portfolio

We’re pleased to announce that we have received a 4 Star Rating for the VCT Tax Year 2024/2025 from Defaqto, the UK's most trusted source of financial product intelligence. To find out more, please get in touch.

Investor Hub

Clients can access investor information here.

Latest Announcements

The latest Blackfinch Spring VCT announcements.