Athlone Chamber are hosting an event in conjunction with the Midlands Gateway Chamber (representing members of the three gateway chambers, Athlone, Tullamore and Mullingar) in order to highlight to the business community, and in particular the Small and Medium Enterprise (SME) sector for viable businesses, despite the difficult economic landscape.
Athlone Chamber President, John McGrath said “This event will help to start 2012 on a positive note, and will deliver practical information on new ways to raise money for business, highlighting in particular the recently EU approved Employment Incentive Investment Scheme (EIIS).”
President of Midlands Gateway Chamber Mr. Ray Byrne commented “This new program takes up where the previous BES scheme left off, and offers significant tax breaks for investors that support businesses capable of job creation. It offers a realistic prospect for a business to raise funds in a way which was not possible heretofore.”
Ray Byrne President Midlands Gateway Chamber and John Mc Grath President Athlone Chamber
Commencement Order was recently granted by the Minister for Finance for the scheme and while there may be some changes included in its enactment in Finance Act 2012, it is effective from 25 November 2011. Therefore the timing of this event will give businesses in the area a head start. The new scheme will incorporate many parts of the old BES scheme. However, there are a number of significant changes which will be outlined in detail by presenters on the evening of Wednesday 18 January. There have been a number of very successful business investment and expansion schemes operating in Athlone that has bought both business expansion and direct employment and success to the area. The new scheme which will grant tax relief of 41% over a 3 year period is open to all trades with a few exceptions. This event will be of particular interest to any business in the following sectors, retail, IT, renewable energy, engineering, manufacturing, food, sector, internationally traded services and all management consultants, accountants, solicitors, financial institutions, enterprise agencies and advisors to businesses.
John Lyons, a Tax Partner with the accountancy firm RSM Farrell Grant Sparks, will share his expert knowledge of the EIIS and the opportunities for local businesses. There will also be contributions from the Midlands based LIR Investors Network, and from AIB Bank.
A Questions and Answers session will be accomodated. Certification of attendance will be provided for CPD purposes.
The evening will finish on a lighter note with the internationally experienced football manager and pundit Roddy Collins talking about the business of soccer, and there will be an opportunity for the participants to network before and after the presentations.
The event shall take place in the Sheraton Hotel, Athlone on Wednesday 18th January at 6.30pm.
Mr McGrath stressed “If you are considering raising finance to expand your business this new scheme may be suitable for your company or if you are an investor with money to invest in local businesses then take action in 2012 and come along to the information event in the Sheraton Hotel on Wednesday 18 January at 6.30pm.”
Cost, including refreshments before and after the event, for Chamber members is €20 (non-Members fee €45).
Places are limited and are available to book now by contacting Angela Rigney, Midlands Gateway Chamber on 0863891675 info@midlandsgatewaychamber.ie or Siobhan Bigley, Athlone Chamber on 090 6498838 info@athlonechamber.ie
ClickAgendafor Agenda and more information
- Date: January 18, 2012
- Venue: Sheraton Hotel
- Cost: € 20
