Brussels, 29/04/2009 (Agence Europe) - On Wednesday 29 April, the European Commission approved three UK fiscal venture capital schemes: Enterprise Investment Scheme (EIS), Venture Capital Trusts (VCTs) and Corporate Venturing Scheme (CVS). The schemes form part of the United Kingdom's measures to support access to finance to SMEs and provide tax incentives to individual and corporate investors to encourage their investments in unquoted SMEs. The United Kingdom modified these schemes, to comply with the Community risk capital Guidelines for Small and Medium-sized Enterprises. The expected annual amount of tax relief across the schemes is approximately £250 million. The maximum annual investment limit per qualifying company raising money under the three schemes is £2 million. (L.C./trans/rh)