In discussions with clients, I make it a point to stress the primary purpose of the Enterprise Investment Schemes which is to promote the growth and development of UK business and innovation. SEIS/EIS finance is "patient capital" as investors do not seek to realise a return quickly. When an investment is made, there is no expectation of imminent exit, and thus the primary reason for making the placement is not to strike a tremendous sales price; instead, it is to see whether the company can set up and start profitable trading. The SEIS/EIS rules as set out in the Income Tax Act specifically state that pre-arranged exits are not allowed. It is no wonder that business angels are big adopters of the schemes, as they provide valuable mentorship in addition to financing to companies in their development phase.