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Enterprise Ireland is one of the most important institute that provides economic and financial support to start ups and small businesses.
On the 28th June,the Irish Times published an article about Enterprise Ireland’s investments and supports of the last year.
Source: Irish Times, June 28th 2019.
Enteprise Ireland invested more than €72 million in Irish companies through its seed and venture capital schemes last year, the agency said on Friday.
In its latest review of investments in early-stage businesses, it said it had invested €1.34 billion in more than 500 companies since its first seed and venture capital scheme was established 25 years ago.
In 2018 the agency made 173 venture capital investments in Irish companies and identified 82 high-potential start-ups.
Enterprise Ireland chief executive Julie Sinnamon said that while the overall global outlook remained positive, the agency was helping its clients to prepare for a hard Brexit.
The seed and venture capital sector was, she said, “vital in ensuring that the best and brightest Irish enterprises succeed in delivering economic growth and prosperity across Ireland, and internationally”.
In the five years to the end of 2018, the span of the most recent seed and venture capital scheme, the agency made 289 investments, amounting to a total of €336 million.
Close to half of this total was invested in “scaling” companies, with about a third of the overall value going to software businesses.
Life sciences received the next biggest allocation in the five-year period, followed by electronics.
Dublin companies accounted for close to a third of the total, while the midlands and the southwest both accounted for just 0.07 per cent.
The schemes operate in conjunction with the private sector, with investments made through funds including Bank of Ireland Kernel Capital Partners Private Equity Fund II, AIB Seed Capital Fund Limited Partnership and Atlantic Bridge II Limited Partnership.
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“The Exceptional Operations Of Third Sector Entities – Civil Law, Tax And Accounting Aspects” (In The Italian Juridical System)
Gianni Mario Colombo, associate of Farrelly-Caizzone, has recently published the e-book “The Exceptional Operations Of Third Sector Entities – Civil Law, Tax And Accounting Aspects“.
The book talks about the reform of the third sector in Italy and how the exceptional operations are regulated.
This last Colombo’s work, written with Maurizio Setti’s collaboration, analyses what changes with the introduction of art. 42 bis in First Book of Civil Code of the italian juridical system.
The e-book, available on WKI Shop, explains the latest Third Sector Reform and how it has allowed homogenous exceptional operations between no profit entities. Before the reform they weren’t explicitly provided by the law, even if they were admitted by doctrine and jurisprudence.
The main topics are:
- The transformation of a social cooperative into a foundation;
- The transformation of an association into a cooperative;
- Main accounting records in case of transformation of the third sector unit;
- Accounting profiles and tax implications;
- Accounting aspects and tax implications;
- Transfer of the company between entities in the third sector;
- Extraordinary operations of enlargement of the associative group;
- Extraordinary operations following the insolvency of the entity,
- Exceptional and indirect operations;
- Assets for a single business or more
The e-book is available on WKI.