Jenson Seed EIS fund
We are pleased to announce the investment by the Jenson Seed EIS Fund into Process Technologies.
Process Technologies have developed a new industrial manufacturing process using microwave technologies that significantly reduces the time and energy usage and CO2 emissions. The new technology has proven to be highly effective in a number of industries and processes including ceramics, coating, food and wood treatment.
The founder Tony Bolton (MICME) has extensive experience in the steel, ceramics and investment casting Industries. Tony was one of the top ten finalists in the Carbon Trust Innovator of the Year Awards for this patented investment casting invention.
The new process is one of the biggest step changes in the industry for many years, it saves approximately two days process time, uses 75% less energy and significantly reduces CO2 emissions. It will enable companies to increase production but keep their costs to a minimum.
Notes to editors:
The Jenson Seed EIS Fund is an exciting joint venture between the professional services firm Jenson Solutions and the fund manager Foresight Group. Further information about Seed EIS and the Jenson Seed EIS Fund is available by contacting us on 020 7873 2122 or SEIS@jensonsolutions.com or, alternatively, look at the website at www.jensonseedeis.com
About Foresight Group
Foresight is an independent infrastructure and private equity investment manager, which focuses primarily on investments in unquoted UK and European companies or projects and offers investors exclusive access to attractive income and growth opportunities. Foresight has in excess of £1 billion assets under management across a number of funds, including Limited Partnerships, Enterprise Investment Schemes (EISs) and Venture Capital Trusts (VCTs).
Since 2001 the partners of Jenson Solutions have provided numerous companies with financial and operational support to help them grow and develop, with the aim of taking them from where they are today to where they want to be. Jenson provide high quality services such as portfolio and interim finance professionals, mergers and acquisitions advice, corporate finance advice, share option set up, share option valuations, IFRS conversions and accounting and financial modelling services to companies both large and small. A key focus of Jenson Solutions has been to support small businesses from start up through their life cycle. When the government announced their plans for the Seed Enterprise Investment Scheme (‘Seed EIS’), we saw an opportunity to work with Foresight to create a fund enabling us to support many of the businesses that we work with and would like to work with in the future.