Posts Tagged ‘SCS’

28
Aug

New BES limits OKed by EU!

I’ve just heard (via Joe Drumgoole’s blog) that the new BES limits annnounced last November have finally been approved by the EU. This is fantastic news. This is the official EU newsletter announcement: N 287 / 2007 - Business Expansion Scheme (BES), incorporating the Seed Capital Scheme (SCS). Member State: Ireland Primary Objective: Risk capital Aid instrument: Provision of risk capital Tax allowance Case Type: Scheme Duration: from 01.07.2007 to 31.12.2013 Notification or Registration Date: 23.05.2007 DG Responsible: Competition DG Related Procedures: N 311 / 2004 Decision on 23.08.2007: Article 4§3 - decision not to