The Income & Growth VCT plc (IGV.L) is a UK-based venture capital trust that invests in a diversified portfolio of established small and mid-sized unquoted companies across various sectors, with a focus on generating income and capital growth for shareholders through dividends and share price appreciation. The company provides equity investments, typically in the range of GBP 1 million to GBP 10 million per deal, targeting businesses with strong management teams, recurring revenues, and growth potential; its portfolio includes companies in sectors such as software and IT services, business services, consumer goods, healthcare, and manufacturing. Managed by Mobeus Equity Partners LLP, it offers retail investors tax-efficient exposure to private equity via its Venture Capital Trust structure, including 30% income tax relief on new share subscriptions, tax-free dividends, and capital gains deferral. Founded in 1994 and headquartered in London, England, the trust operates primarily within the United Kingdom, with investments concentrated in English regions including the South East, Midlands, and North West. In recent developments, the company completed a fundraising of approximately GBP 30 million through its 2024/25 offer for subscription shares in late 2024, enabling new investments and follow-on funding; it also announced portfolio updates including exits from holdings such as Sancus Lending Group Limited and new investments in technology and services firms during 2025.