Several measures have been introduced to attract venture or development capital to deprived areas and businesses which would not otherwise benefit by providing tax breaks for investment in unlisted companies. These include
Another vehicle to attract investment to deprived areas is the
Though not involving unlisted companies, the usual form of investment for individuals under the Enterprise Zone scheme is in units in
Often, the investments are made in more than one company and the investment vehicle is an arrangement called a
Here, managers raise funds from a number of investors and invest the aggregate in companies chosen by the managers. The shares acquired are then either allotted to the investors direct or held, often by nominees, on their behalf.