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
These are uncertain times for both investors and entrepreneurs alike – however even in the downturn there is always opportunity. A quick scroll through twitter will reveal how our community has come together to support each other and the start-up ecosystem in Ireland.
Active angels work with term sheets regularly, but not every investor fully understands the sometimes arcane language in these highly-specialized documents. What are term sheets, what do they signify, and why are they so important? As a member of HBAN (complete our angel registration form here) you will have access to a range of template investor documents including term sheet, syndicate agreement and due diligence check lists.
A buzzword in entrepreneurship and equity investing is “inclusiveness.” It is gaining traction with Venture Capitalists and angels alike, who see that building the diversity of the investor community and the entrepreneurs they invest in is not only a good societal goal, but it is also a way to build great deal flow, make better investment decisions, and grow returns.
It’s exciting news! The CEO of one of your investments tells you that a buyer expressed serious interest in acquiring her company for €30M. Since the company has struggled to find huge growth, you are relieved and do a quick mental “back of the envelope” calculation and you figure you’ve bagged a 5x return in a couple of years. Not too bad for one of your first angel deals!
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.