Economic impact of COVID-19 leading to investments in early-stage businesses being delayed, stalled or abandoned
In order to stimulate growth and employment, HBAN proposes temporarily increasing EII tax relief to 60%
HBAN’S proposal to Dept of Finance also calls for annual amount eligible for tax relief to be increased from €250k to €1m
Angel network argues current administration of EII Scheme is not fit for purpose and proposes significant changes in order to incentivise investments
Some investors still waiting for tax certificates two years after application
HBAN (Halo Business Angel Network), has announced that the last 12 months has seen HBAN angels celebrate exits of up to 10X their initial investments. Since August 2019, Irish start-ups Finovation, Decawave, Payslip and Iconic Translation Machines have provided investors with an opportunity to make significant returns on their investments.
All-Island HBAN Director John Phelan joined Newstalk Business Breakfast Monday June 22nd to discuss how HBAN has adapted to continue pitching throughout COVID-19. He also offered important insights and advice for Irish start-ups and discussed HBAN's plans for the future.
The Boatyard Distillery said today that it has successfully closed a £634,000 investment round through the Halo Business Angel Network (HBAN) from private investors and Co-Fund II. It also announced that it has started producing a new range of hand sanitiser in response to the coronavirus pandemic.
HOW we go about our every day lives has changed considerably in the last few weeks. While some businesses have unfortunately had to close their doors and many others have furloughed staff, pitches by start-ups to business angel investors are still going ahead remotely.
Life science software company Overwatch has closed a significant funding round that will accelerate product development and enable the company to grow its existing customer portfolio across both Europe and the USA.
If you‘re a high potential Start Up that has a new innovative product or service ready for commercialisation and/or have achieved some early traction and are raising finance to scale internationally please contact us.