Terms and Conditions

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These Terms and Conditions were last revised in October 2019.

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Company and Website information

Investors in the Jenson SEIS and EIS Funds can, subject to their own individual circumstances, obtain tax reliefs under the Enterprise Investment Scheme (“EIS”) and Seed Enterprise Investment Scheme (“SEIS”). Jenson’s other SEIS and EIS funds (together with the Jenson SEIS and EIS Fund, the “Jenson Funds”) are managed by Jenson Funding Partners LLP, a limited liability partnership registered in England and Wales with registered number OC375306.  Jenson Funding Partners LLP is Authorised and Regulated by the Financial Conduct Authority 820516 whose registered office is at 20 St Thomas Street, London, SE1 9RS. The Jenson Funds and will be supported by Jenson Solutions Limited, a limited liability company whose registered office is 20 St Thomas Street, London, SE1 9RS and whose registered number is 04279636 (“Jenson Solutions”)(together with Jenson LLP, Jenson)

Regulated by the Financial Conduct Authority

Jenson Funding Partners LLP is authorised and regulated by the Financial Conduct Authority (“FCA”) with the firm reference number 820516. Jenson has approved the content of the sections of this website relating to the Jenson Funds, and the information memoranda relating to the Jenson SEIS and EIS Funds 2019/20, for the purpose of section 21 of the Financial Services and Markets Act 2000.

Intended Audience and Use of Information

The information on this website is directed only at persons in the UK and does not constitute advice of any kind (including investment, legal or tax advice). It does not amount to an offer or invitation to buy or sell an investment in any fund referred to on this website. It also does not solicit any offer or invitation from companies seeking investment capital in any jurisdiction other than the UK. Investment in the Jenson Funds referred to on this website will not be offered to non-UK residents. Persons resident in territories other than the UK should consult their professional advisers as to whether they require any governmental or other consent or need to observe any formalities to enable them to invest in the products described in these pages. Investors should not rely on any information or opinions contained in this website in making an investment or other decision but should obtain appropriate and specific professional advice.

Applications to Invest in the Jenson SEIS and EIS Fund

Applications to invest in the Jenson SEIS and EIS Funds should ONLY be made on the basis of the information set out in the fund’s information memorandum which describes the fund and the terms and conditions of the investor’s agreement pursuant to which investors will invest.

Participation in the Jenson SEIS Fund and Jenson EIS Fund 2019/20 like all other Jenson Funds is limited to persons who can be assessed as having the expertise, experience and knowledge to make their own investment decisions and to understand the risks involved in EIS and SEIS investment.

Accordingly, this website and the Jenson SEIS and EIS Funds information memorandum and application form available for download herein does not constitute an offer by Jenson or any other person for you to enter an agreement with the Jenson to act as your discretionary investment manager or an invitation for you to make an offer to Jenson or another person for Jenson to enter into an agreement with you to act as your discretionary investment manager unless Jenson is able to categorise you as a person who has the necessary experience, expertise and knowledge to be capable of making their own investment decisions and understanding the risks of investing in the Jenson SEIS and EIS Funds.

If you are in any doubt, you should not invest in the Jenson SEIS and EIS Funds without having first taken personal financial advice as to its appropriateness and suitability for you as an investment from your stockbroker, authorised financial intermediary (such as an IFA), bank manager, solicitor or other person authorised by the FCA.

General Risks

As a prospective investor in the Jenson Funds, you should be aware that there are numerous risks associated with venture capital and particularly investments that qualify for tax relief under the EIS and/or SEIS. Those risks that Jenson are aware of and deem to be material are set out in detail in the information memoranda relating to the Jenson Funds and prospective investors should thoroughly read, understand and familiarise themselves with these risks and consult an authorised financial intermediary prior to making any investment in the Fund. However, you should note that there may be additional risks that Jenson are not aware of or currently believe not to be material which may have a detrimental effect on the value of investments. Past performance of the existing funds is not necessarily a guide to future performance. The value of an investment may go down as well as up, in which case an investor may not get back the amount invested. Investments in small unquoted companies carry an above-average level of risk. Neither Jenson nor any associated companies provide specific individual advice on the suitability of investment with regard to a potential investor’s individual circumstances, risk tolerance or investment objectives and investors should seek independent financial advice if they are in any doubt whether a product is suitable for them. It is the responsibility of investors to satisfy themselves that any investments made are suitable for them and applications may be made only by using the appropriate application forms.

Risks specific to EIS and Seed EIS Funds

Investing in smaller, unquoted companies which constitute SEIS or EIS qualifying companies is a high risk investment strategy. Proper information for determining the value of such investments or the risks to which they are exposed may not be available. Investments in SEIS or EIS qualifying companies can offer good investment returns but by their nature are illiquid and uncertain and consequently involve a higher degree of risk than a portfolio of quoted shares. Realisation of investments in unquoted companies can be difficult and may take considerable time. There is no liquid market on any public exchange or elsewhere; as such, an investment in the type of companies in which Jenson Funds will invest will not be readily realisable. To qualify for the up-front income tax relief and capital gains reliefs available, an investor must retain those shares held through the Jenson Funds for a minimum period of three years from the subscription date. Failure to do so will lead to HMRC clawing back any of the reliefs claimed. HMRC may also claw back any reliefs claimed if the investor has received value from an investee company. Furthermore, although Jenson will take reasonable steps to ensure that investee companies are qualifying companies for the purposes of the SEIS or EIS, there is a possibility that an investee company may lose its qualifying status and again, this may lead to tax reliefs being clawed back by HMRC in relation to that particular investment. Jenson can make no guarantees as to an investee company’s qualifying status for the SEIS or EIS. Investors should also be aware that while the Jenson Funds have been set up to comply with current legislation, it may be the case that the applicable legislation is amended or withdrawn leading to the reduction or withdrawal of any opportunities for tax reliefs.

Privacy Policy

Any information you provide to us will be used to administer your requirements and determine the information and documentation that we will send you. Occasionally we may also use your details to inform you of other features, services and products which we think you may be interested in and we may contact you by post, fax, email or telephone. We will keep your personal information confidential except to the extent that we are compelled to disclose it by law or to comply with an instruction of a regulatory body of competent jurisdiction. To comply with the requirements of GDPR, we adhere to strict security procedures and have taken all appropriate measures to ensure that no unauthorised disclosures of your details are made to a third party without your permission and unauthorised access to it is prevented.


Jenson will take reasonable care to ensure that the information provided on this website is accurate and up to date, although no representations or warranties are given of any kind, express or implied, with regard to the accuracy or completeness of this information. Jenson and its partners, directors, employees and officers exclude all liability and responsibility in connection with the use of this website. Users of this website do so entirely at their own risk. Jenson may amend the content of this website or any part of it, or may periodically make it unavailable for updating, with or without notice, at any time, and are not liable to users of this website for any effect thereof. The above limitations and exclusions do not purport to apply to liability for fraud, or for death or personal injury caused by negligence.


Tax assumptions are subject to statutory change and the value of tax reliefs will depend on your individual circumstances. The tax reliefs available to certain investors in SEIS and EIS companies are dependent on those companies maintaining their SEIS and/or EIS qualifying status. If HMRC approval is withdrawn, a company will lose this status and all tax reliefs are likely to be withdrawn. UK based investors must retain their shares for three years to retain the up-front income tax relief. Prospective investors in the Jenson Funds should ensure that they read the risk warnings set out in the relevant prospectus or information memorandum.


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Contact Details for Further Information and Queries

If you have any queries regarding this website, or would like further information about either of the Jenson Funds, you may send an email to invest@jensonfunding.com or telephone 020 7788 7539. Full contact details for the Jenson Funds are available on the Contact Us page of this website.

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