Seed and Venture Capital Scheme
Summary
The Seed and Venture Capital Scheme, backed by the Irish government, encourages investment in Irish companies by offering tax reliefs to investors. This initiative aims to attract early-stage and growth capital for innovative start-ups and SMEs, helping them scale and create jobs. It is particularly beneficial for businesses seeking to bridge funding gaps and attract venture capital.
Eligibility Criteria
- Must be an Irish company seeking investment. - The scheme primarily benefits investors by offering tax reliefs, making it attractive to invest in qualifying companies. - Focuses on innovative and high-potential start-ups and SMEs. - Aims to bridge the funding gap for early-stage and growth capital.
How to Apply
This scheme is primarily accessed by investors seeking tax relief. Companies looking to attract investment under this scheme should ensure they meet the criteria for EIIS qualifying investments and make this known to potential investors. Investors should consult with a financial advisor to understand the tax reliefs available and the application process for claiming these reliefs.