I am a startup, why is ESIC important to me?
Being an ESIC unlocks new avenues to capital and accelerates your new funding. From 1 July 2016 being an ESIC is important because investors in your early stage company will receive government mandated tax incentives to invest new equity capital into your venture. This broadens your investor community beyond the angel and venture capital investors traditionally reserved for the privileged few. Your family, friends, employees and suppliers who invest in your early stage company can also obtain the tax incentives if your company qualifies as an ESIC.