The annual Chairmans Reception for the EIS Association in the House of Lords took place on Thursday 12th February 2015 with host Baroness O’Cathain and EIS Association Chairman Lord Flight introducing the annual awards.

In the category, Best Innovation, Newcomer or Rising Star, Magma was “highly commended” for its work with early stage companies; the judges noting in particular the number of companies that Magma is successfully advising on the SEIS and EIS.

David Nash, Partner at Magma, said “We are delighted that Magma has been highly commended by the EIS Association for the work we are doing with start-ups and early stage businesses. In the last 12 months we have advised over 50 companies on raising equity investment under the SEIS and EIS to provide the funding for their future growth and we are pleased that our work is being recognised externally.”