[Envestors] The vaccine is here – now what? Predictions for early-stage investment in 2021

With the UK’s vaccination programme underway, 2021 is bound to be a better year than 2020. Investment activity is set to increase, but the early-stage investment market is bound to feel the effects of the pandemic throughout the year.

However, will things get back to normal throughout the year?

A nationwide rollout means the return to normal will be a slow one. Since experts are now predicting the vaccination campaign to go on until October, and with new strands popping up at the start of the year, the future still brings a degree of uncertainty.

Mark Brownridge, Director General of the EIS Association, mentioned how economic uncertainty had angel investors weary to invest in 2020.

 “Around a quarter of all money invested through the EIS scheme is raised via Financial Planners and wealth managers and this is where we saw the biggest dent in 2020,” said Mark Brownridge, Director General of the EIS Association.

According to him, it will take a full year for things to slowly get back to normal.

 “When you look at the last recession, in 2008, it took a year to get back to normal. Investors don’t like uncertainty and there is still too much of it,” he added.

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