Written Question·Department for Business and Trade·UIN 32027
New Businesses: Shareholders
Tabled: 21 February 2025
Answered: 5 March 2025
Question
Kanishka Narayan
Labour — Vale of Glamorgan
To ask the Secretary of State for Business and Trade, what steps he is taking to support employee share ownership in venture capital-backed startups.
Answer
Gareth ThomasVenture capital-backed startups will frequently offer shares in the business to employees, as part of their remuneration. Most of these startups will be eligible to use the Enterprise Management Incentives (EMI) scheme, which is open to firms with assets ...
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