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EIIS Announces €1.3million Funding for Xeolas Pharmaceuticals

The EIIS team are excited to announce that Xeolas Pharmaceuticals, the DCU-campus based company has secured investment of €1.3 million from its’ investors. The innovative pharma business has obtained €1.1 million from The Goodbody 2018 EIIS Fund managed by Baker Tilly and Goodbody, and a further €250 thousand from private EIIS investors. The private investors […]

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EIIS: open for business

The Employment and Investment Incentive Scheme (EIIS) remains an excellent source of equity funding for qualifying companies. The Employment and Investment Incentive Scheme (EIIS) has been a critical source of funding for Irish small and medium-sized enterprises (SMEs) over the years. The scheme allows Irish taxpayers to claim up to 40% income tax relief on […]

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Goodbody 2018 EIIS Fund Now Launched

Baker Tilly are delighted to announce the launch of the Goodbody 2018 EIIS Fund through our joint Venture with Goodbody Stockbrokers Investors in the Fund can qualify for income tax relief of up to 40% on their investment. Benefits of Investing in the Goodbody 2018 EIIS Fund The Fund will invest across a portfolio of […]

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Killala Community Wind Farm DAC

Investee Company Name: Calembel Investment Limited / Killala Community Wind Farm DAC Investment Amount: €4,500,000 Industry: Renewable Energy Production Reason for Investment: Capital Expenditure – to construct the wind farm The Godboody EIIS Funds have invested €4,500,000 in the Killala Community wind farm. The funding will be used to part fund the construction costs of […]

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Powerscourt Distillery in high spirits following Goodbody EIIS Fund Investment

Investee Company Name: Powerscourt Distillery Limited Investment Amount: €4,900,000 Industry: Whiskey Distillery and Visitor Centre Reason for Investment: Capital Expenditure The Goodbody EIIS Funds have invested €4,900,000 in Powerscourt Distillery. The investment will be used by the company to acquire stock, to build a new distillery and visitor centre and to launch a new premium brand internationally.Powerscourt Distillery Limited […]

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Sausage Tree Vodka launches following success of Gunpowder Irish Gin backed by Goodbody EIIS Fund investment

Investee Company Name: PJ Rigney Distillery Investment Amount: €250,000 Industry: Distillery In 2016, the Goodbody EIIS Fund 2015 invested in The Shed Distillery of PJ Rigney in Drumshanbo, County Leitrim. The distillery, the first in Connacht in over 101 years, is now in its fifth year of operation. The distillery’s first brand, Drumshanbo Gunpowder Irish Gin, is going […]

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Mc Ardle Skeath 01

Leo Varadkar officially opens the Goodbody EIIS Funds’ largest investment to date

Investee Company Name: McArdle Group Limited ‘McArdle Skeath’ Investment Amount: €7,200,000 Industry: Supply Chain Management/ Specialised Warehousing Reason for Investment: Growth capital McArdle Skeath (“the Company”) owned and operated by the McArdle family, has been operating as a supply chain management business for the past 50 years. The Company originally operated from a 13-acre site […]

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Powerscourt Distillery secures €5 million investment

Powerscourt Distillery has secured investment of €5 million from the Goodbody EIIS Fund to finance a significant expansion of its whiskey-making operation in County Wicklow. The new whiskey distillery has obtained €2 million from the Goodbody 2016 EIIS Fund and a further €3 million is planned for investment early next year. Powerscourt Distillery will use […]

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