New BES limits OKed by EU

28th of August 2007 by conor

I’ve just heard (via Joe Drumgoole’s blog) that the new BES limits annnounced last November have finally been passed by the EU. This is fantastic news. Start applying now.

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 raise objections

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