In May 2007 Enterprise Ireland (in conjunction with the Irish Software Association) gave a morning workshop on their investment process with the focus on making it clearer how it works.
This is one of two presentations from the workshop which I have scanned in.
3. ENTERPRISE
IRELAND
LY INVESTMENTSIN
- CumulativeConvertibleRedeemablePreference
Shares
"ccRP"
Cumulative- Dividendsaccumulateyearon year
(reducedto 3o/oon validationof expenditure)
Convertible- Capableof conversionintoa class
Redeemable- Re-purchaseby the companyout
reservesor the proceedsof a freshissueafter5
at rate of 8o/o
of ordinaryshare
of distributable
years
Preference- PriorityRightsin relationto dividends,repaymentor
capitaland redemption
NonVoting- No rightto voteat meetingsof the Company
TransforminglrishIndustry2008-2010
12. COMP ENTERPRISE
IRELAND
ShareSubscriptionand ShareholdersAgreement
executedby all partiesthereto
Articles of Association- Gonstitutionof the
Company,amendedto providefor the rights attaching
to the CCRP's
Tax ClearanceGertificate
ShareCapitalCertificate
Solicitors Gertificate
ShareGertificate
Gonfirmationof MatchingFundingand any other
conditionsimposedby the InvestmentCommittee.
Transforminql!'ishlnclustrv2008-2010