Business Expansion Scheme
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Business Expansion Scheme
Also called the BES. A structure in the United Kingdom that assisted new and small businesses in raising capital. Individuals and companies received tax incentives to invest in new companies and other high-risk ventures. It resulted in a large increase in investment in new companies. The BES was introduced in 1983 and was replaced by the Enterprise Investment Scheme in 1994.
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Business Expansion Scheme
see ENTERPRISE INVESTMENT SCHEME.Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson