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.

Business Expansion Scheme

see ENTERPRISE INVESTMENT SCHEME.
References in periodicals archive ?
The homes, some tenanted and some vacant, represent a former Business Expansion Scheme investment portfolio by Barclays.
That is why we have refocused and expanded two schemes - the Business Expansion Scheme and the Seed Capital Scheme - so that investors are encouraged to invest in these businesses, which form a very important part of our economy.

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