The Goodbody EIIS Funds

The Goodbody EIIS Funds offer investors the opportunity to invest in a diversified portfolio of Irish SME companies under the Employment and Investment Incentive Scheme (“EIIS”). By investing in our Funds, investors should be able to avail of tax relief of between 20-50% of their investment amount and have the potential for an additional capital return. The rate of tax relief available depends primarily on the company’s lifecycle stage at the time of investment.

The scheme is one of the few sources of income tax reliefs available in Ireland, which can be offset against all income (incl. rental income).

The Funds are managed by a dedicated team of professionals with considerable knowledge and experience in fundraising, investment management and the EII scheme. We have raised €85m since 2015. Funds are raised on an annual basis towards the end of the calendar year.

Investment Strategy

  • Equity Investment (capped to dilutive)
  • Annual fund size of €10-12m
  • Sector agnostic
  • Growth & expansion capital for Irish SMEs
  • Loan Substitute & Mezzanine (Capped Equity)
  • Growth Capital (Capped/Dilutive)
  • Typical cheque size c. €2-5m
  • Opportunities for multi-annual investments (max €16.5m)

 Services

  • Investment Management
  • EIIS Qualifications Reviews
  • EIIS Company assessments
  • Debt/Equity advisory services

The Goodbody EIIS Funds enables an individual to invest up to €250,000 (min. €20,000) in any one tax year. Eligible tax relief (between 20-50% of the investment) will be available for offset against income arising in the year of investment into the Fund. The rate of tax relief available depends primarily on the company’s lifecycle stage at the time of investment.

Benefits of Investing in the Goodbody EIIS Funds

  • The Fund will invest across a portfolio of investments thereby reducing the risk profile of the investment.
  • Focus on indigenous Irish SME companies with future growth potential.
  • Strong Fund Management team with substantial business and commercial experience with Irish SMEs and a thorough knowledge of the EII Scheme.
  • A Trustee will hold all monies and shareholdings (in trust) for the benefit of the Investors.
  • The Manager is regulated by the Central Bank of Ireland.
  • Each investment will be completed using a suite of legal documents to protect the rights of the Fund and its investors.

Contact us to find out how EIIS can help fund your business.

The Goodbody EIIS Fund offers Irish Companies the opportunity to raise up to €5.5m per annum under the Employment and Investment Incentive Scheme (“EIIS”). Each year, the Goodbody EIIS Funds have €10-12m available.

Why Choose EIIS?

  • Competitive cost of equity funding
  • Defined exit mechanism.
  • Returns can be capped.
  • 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.

Contact us to find out how EIIS can help fund your business.

We are ready to help

With over 275 colleagues and 3 offices in Dublin, Enniscorthy and Waterford, Azets is part of a team of 8,200 smart talented people supporting more than 100,000 clients through our network of 189 European offices in the Nordics, UK, and Ireland. Offering a personal, local approach to supporting Irish businesses, if you’re looking for peace of mind, expert advice and more time, we’re ready to help.

{{staffDetailsPage.FullName}}

{{staffDetailsPage.JobTitle}}
View Profile

Sorry there are no results.

Get in touch

Whether you know what you need or just want to explore your options, we're here to help.