Are You Looking to Raise EIIS Funds?

Last Updated on 18/03/2025 by admin

Are you looking to raise EIIS Funds?

At Green Crowd we love to help entrepreneurs realise the growth aspirations they have for their business

Green Crowd specialise in early-stage equity with a focus on renewable energy and sustainable infrastructure projects. Our mission is to drive forward green and renewable initiatives by offering green, ethical, and socially beneficial investment opportunities that contribute to the growth of a sustainable economy.

If you are a business seeking investment, we can offer you the opportunity to secure start up and development investment directly from a wide range of investors.

What is EIIS?

The Employment Investment Initiative Scheme (EIIS) is a tax relief which aims to encourage individuals to provide equity-based finance to early-stage trading companies. Green Crowd facilitates, via its crowdfunding platform, for individuals to invest directly through private placements in start-up or growing businesses and to receive tax relief of up to 50% on their investment. To benefit from the full tax relief, investors must hold the shares for the full four-year term.

EIIS is one of the few sources of total income tax relief (which includes, for example, rental income and ARF distribution income) still available to Irish taxpayers.

As of 1 January 2024, there are now three tiers of tax relief available to qualifying EIIS companies:

• 50% for investments in businesses that have “not operated in any market.”
• 35% for investments in businesses that are within 7 years of its first commercial sale or 10 years of incorporation. .
• 20% for investments in businesses that are moving into a new economic activity

When deciding whether or not raising EIIS funds is the right path for your company, we recommend engaging an EIIS tax professional to assist you in ascertaining whether your company is eligible under Revenue guidelines.

The most important part of this process is your business plan. There are many requirements that need to be covered in your business plan to ensure that your company is eligible to raise under EIIS.

Details of what is required in the business plan are set out in Article 21 of General Block Exemption Regulation (GBER).

How do I raise funds with Green Crowd?

If you are looking to raise funds in the green or renewable space, give us a call on 01 912 0345 or email us at info@greencrowd.ie

We will let you know whether or not your company meets the criteria that we and our investors and looking for. If your project is of interest, we will request additional information and we will contact you to discuss in further detail once the information has been reviewed.

If we decide to move forward with your project we will conduct and manage the EIIS Private Placement on your behalf. We provide a full, turnkey solution, from preparing the Information Memorandum, raising the capital, issuing Share Certificates and Statement of Qualifications and the implementation of appropriate exit mechanisms.