Goodbody 2019 EIIS Fund is now seeking Investee Companies.
The Goodbody 2019 EIIS Fund offers Irish Companies the opportunity to raise up to €5m in Capital under the Employment and Investment Incentive Scheme (“EIIS”). The Goodbody 2019 EIIS Fund has up to €10m available for Irish SMEs in 2020.
The availability of funding for Small and Medium Enterprises (“SMEs”) has greatly diminished since the banking crisis and as the recovery continues there is an ongoing lack of credit for growing SMEs. We believe that there is a good opportunity in the market to provide EIIS funding to good quality Irish SMEs.
With that in mind we have brought together a number of experienced professionals who have a considerable amount of knowledge in the area of fundraising, investing and the EII Scheme. These individuals, including Eamonn Glancy and Stephen McGivern, have been responsible for investing millions of Euro in companies throughout Ireland. For more information about the manager, please click here.
- Competitive cost of funding
- Defined exit mechanism
- Capped returns
- It is equity on your balance sheet not debt
- No security or personal guarantees from promoters/shareholders
- Cashflow benefits versus traditional debt products
- Can act as mezzanine finance in addition to senior debt
Please contact us for more information.