Guernsey finally has its version of EIS, the imaginatively named GEIS.

It's been a constant challenge for Guernsey startups that it's harder to raise from the UK because they aren't eligible for EIS or SEIS but there's no equivalent to encourage local investors.

Finally there is! At least as a trial. Let's hope it encourages the same level of innovation it has in the UK.

Guernsey startups, you can apply for the Certificate of Advanced Assurance from the 1st of October. Best of luck.