VCM90240 | CVS: general: qualifying issuing companies: restrictions on amount raised
From HM Revenue & Customs · Venture Capital Schemes Manual
FA00/SCH15/PARA35A
From 19 July 2007 there are restrictions on how much a company can raise from the three venture capital schemes - the CVS, the Enterprise Investment Scheme (EIS) and Venture Capital Trusts (VCTs) - in a 12 month period.
See VCM12030 for details, and how this restriction operates.