ProVen Growth and Income VCT plc is a United Kingdom-based venture capital trust. The Company's investment objective is to achieve long-term returns greater than those available from investing in a portfolio of quoted companies, by investing in a portfolio of carefully selected qualifying investments in small and medium sized unquoted companies with growth prospects and a portfolio of non-qualifying investments permitted for liquidity management purposes. It is focused on minimizing the risk of each investment and the portfolio as a whole. It invests in companies at various stages of development, including those requiring capital for expansion, but not in start-ups or in management buy-outs or businesses seeking to use funding to acquire other businesses. Its portfolio comprises approximately 52 investments across various sectors, including business services, media/advertising technology, healthcare, consumer/e-commerce and others. Its investment manager is Beringea LLP.
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