Seed and Venture Capital Scheme
Summary
The Seed and Venture Capital Scheme (SVP) is a government initiative managed by Enterprise Ireland, designed to stimulate investment in Irish SMEs. It offers tax relief to investors, thereby facilitating capital access for growing companies. This scheme is specifically for Irish SMEs seeking to expand.
Eligibility Criteria
* Entity Type: Irish SMEs * Geography: Ireland * Sector: Not specified, but implied to be businesses with growth potential * Funding Amount: Not specified, but linked to investor tax relief * Key Requirement: Must be an Irish SME seeking investment to grow.
How to Apply
The scheme operates by providing tax relief to investors. Founders seeking to leverage this scheme should focus on attracting investment from Venture Capital funds that are approved under the SVP. These funds then invest in eligible Irish SMEs. More direct application instructions for founders are not provided, as the mechanism is investor-driven.