Northern 3 VCT PLC is a Venture Capital Trust (VCT). The Company's objective is to provide high long-term tax-free returns to investors through a combination of dividend yield and capital growth. The Company invests primarily in unquoted venture capital holdings, with its remaining assets invested in a portfolio of listed equity investments and bank deposits. The Company invests primarily in unquoted the United Kingdom manufacturing and service businesses. The Company's portfolio of investments includes industry sectors, such as computer/electronics, consumer, industrial/manufacturing, business services, healthcare/biotechnology and other. The long-term disposition of its assets will be over 80% in a portfolio of VCT qualifying unquoted and alternative investment market (AIM) investments and over 20% in other investments. NVM Private Equity LLP (NVM) is the investment manager and investment advisor of the Company. NVM is an independent specialist firm of venture capital managers.