Maven Income and Growth VCT 3 PLC

Maven Income and Growth VCT 3 PLC operates as a venture capital trust, primarily focusing on providing development capital and backing early-stage ventures. For private enterprises, its preference leans towards more mature, later-stage investment opportunities. The fund explicitly avoids participating in hostile public-to-private takeovers. Its core objective is to generate substantial long-term capital growth, principally by investing in smaller, high-potential unlisted and AIM-listed companies based in the United Kingdom. Annually, it allocates a maximum of £1 million (or $1.65 million) to any single company, ensuring that no more than 15% of its total assets (at cost) are committed to one enterprise at any given time. The trust typically aims to secure a Non-Executive Board position within the companies it backs. In instances of larger transactions, co-investment is an option it considers.