The Fund presents the opportunity for alumni and qualifying investors to make an impact investment in spin-out companies formed to commercialise scientific and technological advances made at Queen’s University Belfast. To support the Fund’s pipeline, consideration will also be given to Queen’s student ventures and spin-outs from partner Universities participating in the Queen’s administered NxNW ICURe Programme. The NxNW consortium encompasses Ulster University, University of Edinburgh, University of Liverpool, University of Sheffield, University of Manchester, and the University of Leeds.
Investment Strategy
The objective of the QUBIS Innovation Fund is to invest in a portfolio of early-stage high-growth companies from Queen’s University and other UK-based universities in the North by North West (“NxNW”) ICURe programme. These early-stage companies from leading UK universities often address problems at the heart of society. Such companies will often have a national and international economic impact.
SEIS & EIS tax incentives
The companies the fund invest in are expected to be SEIS-EIS-qualifying, which makes the QUBIS Innovation Fund SEIS-EIS suitable for qualifying clients who would potentially benefit from the following tax reliefs:
- Up to 30% income tax relief (or 50% for SEIS)
- Tax-free investment growth
- Capital gains deferral (50% capital gains tax exemption for SEIS)
- Inheritance tax relief
- Loss relief
Please note: SEIS-EIS tax reliefs are only made available to investors because of the higher risks associated with investing in early-stage companies. Also, the availability of tax reliefs will depend on the investor's personal circumstances, and tax legislation can change in the future. See guide for further information.
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