Founded in 2014 by Robert Newry and Safe Hammad, Arctic Shores has become a market leader in hiring for potential and soft skills. At a time when organisations across the world are facing an acute skills crisis, increasing digitisation of work, and the need to adapt rapidly, the need to assess for potential and soft skills has never been greater.
Arctic Shores is leading the way to help employers build the diverse, successful workforce of tomorrow by enabling organisations to widen their talent pools, unearthing high-quality candidates often overlooked by CV screening and traditional tests. Organisations that rely on the CV and outdated selection criteria like degree qualifications are falling behind those that are taking a more progressive approach – not just in skills but also diversity.
Rationale
To date, Arctic Shores has helped pioneering organisations like Vitality, PwC, Thales, TalkTalk and Arcadis, objectively assess more than three million candidates worldwide, while at the same time improving their quality of hire and reducing their cost of hire.
The investment will accelerate the adoption of Arctic Shores’ new self-configure platform, and with the increasing demand for soft skills assessments, the company is launching an innovative update to assessing workplace intelligence. Following growth in Germany including major contracts with Airbus Siemens and Schneider Electric, the investment will further Arctic Shores’ European presence and market capability to accelerate in this region.
Wazoku is an idea management company providing a customisable off-the-shelf platform to enterprise customers to manage innovation within an organisation
Quai Administration Services Limited is a digital administration company which provides an integrated, simplified administration platform for the high-volume personal savings industry.
The investments referred to in this website are not suitable for all investors. Calculus Capital Limited is not able to give advice to prospective investors about the suitability of the investments. Prospective investors are recommended to seek specialist tax and financial advice before investing in the Calculus EIS Fund or Calculus VCT.
An investment into the Calculus EIS Fund of Calculus VCT may only be made on the basis of reading in full the information set out in the relevant Information Memorandum or prospectus.
When investing, your capital is at risk. The value of shares and income from them may go down as well as up and despite the tax relief you may not recover the amount originally invested. An investment in smaller and unquoted companies carries a higher risk than many other forms of investment. Shares in unquoted companies are not readily marketable. You should not invest in an EIS or VCT unless you can afford to lose some or all of your capital.
An EIS or VCT investment is only appropriate for investors with a medium to long term investment horizon; the timing and extent of realisation cannot be predicted and may extend beyond five years. It is not possible to allow a partial withdrawal of your investment. You may request a total withdrawal, but since many investments made will be in unquoted companies, this may not be possible. Withdrawal within three years for the EIS and five years for the VCT would lead to repayment of any tax reliefs received.
The tax benefits available depend upon your individual circumstances and these benefits may change dependent upon future legislation.
Important Information
The investments referred to in this website are not suitable for all investors. Calculus Capital Limited is not able to give advice to prospective investors about the suitability of the investments. Prospective investors are recommended to seek specialist tax and financial advice before investing in the Calculus EIS Fund or Calculus VCT.
An investment into the Calculus EIS Fund of Calculus VCT may only be made on the basis of reading in full the information set out in the relevant Information Memorandum or prospectus.
When investing, your capital is at risk. The value of shares and income from them may go down as well as up and despite the tax relief you may not recover the amount originally invested. An investment in smaller and unquoted companies carries a higher risk than many other forms of investment. Shares in unquoted companies are not readily marketable. You should not invest in an EIS or VCT unless you can afford to lose some or all of your capital.
An EIS or VCT investment is only appropriate for investors with a medium to long term investment horizon; the timing and extent of realisation cannot be predicted and may extend beyond five years. It is not possible to allow a partial withdrawal of your investment. You may request a total withdrawal, but since many investments made will be in unquoted companies, this may not be possible. Withdrawal within three years for the EIS and five years for the VCT would lead to repayment of any tax reliefs received.
The tax benefits available depend upon your individual circumstances and these benefits may change dependent upon future legislation.