Glasgow-based Maven Capital Partners has opened its latest venture capital trust (VCT) offer.

The Maven Income and Growth VCT 6 is limited to £6 million in new subscriptions and is open until until 3 April 2016 for 2016/2017 tax year applications and until 28 June 2016 for 2017/18.

It is an opportunity to invest in the new shares of an established VCT which has delivered sustained improvements in Shareholder returns over recent years, and is the only Maven VCT raising funds for the 2016/17 VCT season.

An early investment incentive is also available for investors whose applications are received and accepted up to 28 February 2016 - an additional 1.5 per cent of the application amount will be used to purchase shares for existing shareholders, and 1.25 per cent for new investors. Investors will benefit from up to 30 per cent initial income tax relief and the potential for regular tax-free dividends.

Bill Nixon, managing partner at Maven, said: “Maven has a record of achieving superior investor returns from investment in carefully vetted small private companies, and is a committed backer of innovative British businesses.

“We manage a diverse private company portfolio and are well equipped to source some of the most exciting new private equity opportunities across the UK, including established companies operating in traditional industry sectors, as well as investing in growth businesses with new business models which are challenging the traditional routes to market and creating compelling customer solutions. The new VCT rules present an opportunity for some of the brightest future stars of the UK SME sector to attract growth funding.”