DEL — Share Capital

Who is eligible?

Eligible applicants for the Share Capital grant are businesses focused on innovation, resourcefulness, and potential growth within a B2B context. This includes those with clear market strategies and a robust management team.

• Businesses offering innovative, value-added products or services aimed at a defined profitable B2B market.
• Companies demonstrating significant growth potential and the ability to maintain or create jobs.
• Projects with well-drafted financial strategies, proving capacity for profitability and job creation.
• Entities aiming for a diverse financing structure with strategic financial partners.
• Projects showing readiness for subsequent rounds of investment and financial stability post-investment.
• Businesses with experienced and complementary management teams.

Here are additional relevant details for this grant:

• Although the investment will not exceed 49% of the voting shares of the business, it implies a significant minority interest indicating a partnership approach beneficial for growth stages.
• Applicants are expected to have a shareholder agreement with clear exit clauses, indicating an organized structure for the investment lifecycle from the outset.
• The funding supports innovative high-growth potential projects, which suggests a preference for disruptive or novel business initiatives.
• Clear exit clauses must be defined within a five to seven-year period, which necessitates strategic planning around exit readiness.
• The grant can be combined with government funding, but these combined must not exceed 50% of the project's total expenses.