EIIS Direct Investments | Fund Applications Available Now | Close 30th June | Up to 50% Tax Relief Click Here

EIIS Funds

Investing with BVP

BVP offer investors the opportunity to invest in carefully selected projects. Our EIIS Direct Investments allow investors to benefit from the tax relief provided by the EII Scheme and also offers the potential for their investments to appreciate in value.

We actively seek partnerships with Irish companies led by strong management teams.

Our investments focus on companies & projects that aim to achieve measurable social and environmental impact while delivering attractive financial returns for investors.

BVP Investments is regulated by the Central Bank of Ireland.

investment highlights

Environmental Impact

Investing in Irelands renewable energy future

Up to 50% Tax Relief

Investments through EIIS can yield tax relief of up to 50% on your income tax.

Support Irish Companies & Projects

Our investments are directed towards fueling Irish innovation, economy & our environment playing a pivotal role in backing homegrown projects and talent.

Investor Communication

Our investor communication is designed to keep stakeholders informed and engaged, featuring regular newsletters, an informative podcast, an accessible investor portal, and comprehensive biannual reports, ensuring transparency and up-to-date insights into investment performance and strategies.

Experienced Team

With over two decades of experience, BVP stands as a testament to enduring financial expertise, operating under the stringent regulation of the Central Bank of Ireland to ensure the highest standards of integrity and trustworthiness in managing investments.

Our track record

22 Years of Leadership: Investing in the Future with Confidence

€128m
Assets Under Management
70+
The number of companies BVP invested in since inception.
2004
Year BVP was established.

What is EIIS? 01

The Employment and Investment Incentive Scheme (EIIS) is an Irish government initiative that provides income tax relief to individuals who invest in qualifying Irish SMEs (small and medium enterprises). It encourages investment in early-stage and growth companies to support job creation and economic development.

What is the term of an EIIS investment? 02

Shares must be held for a minimum of 4 years to avail of the tax relief. Typical timeline is 4-7 years but we can see realizations happen earlier or later on the investment. It is deemed a medium to long term investment.

How much can I Invest? 03

Minimum investment €10,000

Maximum of €1,000,000

 

What is the tax relief an investor obtains? 04

Investors can obtain different tax relief rates under the EIIS (Employment and Investment Incentive Scheme) based on the type of investment:

50% Tax Relief: This rate is available for “initial risk finance” investments in companies that have never operated in any market before.

What types of income can qualify for tax relief through EIIS? 05

An individual with a taxable income liability in the year the EIIS investment is made. Taxable income includes (1) PAYE earnings (2) rental income from property held in a personal capacity (3) bank deposit interest income and (4) ARF distribution income. 

Who selects the solar projects? 06

The fund manager (BVP) conducts a thorough due diligence and screening process, evaluating numerous potential companies & projects each year, and selects investments with careful consideration.

What does EIIS stand for? 07

Employment Investment Incentive Scheme.

What are the primary risks associated with EIIS investments? 08

This investment typically involves medium-to-long-term commitments in unquoted companies, with no early exit option (investor’s capital must remain invested for a minimum of 4 years to retain tax relief as per the Revenue EIIS scheme rules). These investments lack liquidity and may require an extended timeframe to realise their value. Investors are subject to the performance of the investee company and may potentially lose some or all of their invested capital. The investment value can fluctuate, both upward and downward. Do not invest if you are not willing to lose some or all of your money.

Who can invest in the BVP EIIS Solar Investment? 09

Any Irish taxpayer (PAYE or self-assessed) with an income tax liability can invest, subject to personal suitability and eligibility checks. Always consult your tax advisor before investing.

How do I claim my tax relief? 10

You will receive an EIIS certificate from BVP for the investment, which you include in your personal tax return via Revenue’s online system (ROS or MyAccount).

Is my capital guaranteed? 11

No. As with any investment, your capital is at risk. Investors should review the fund’s Information Memorandum and consider their personal risk tolerance. If you would like a copy of the Information memorandum for the BVP EIIS Fund please email hello@bvp.ie to request this.

Can I carry forward unused EIIS relief? 12

Yes. If you do not have sufficient income tax liability in the year of investment to use the full relief, you can carry forward the unused amount to offset against future income tax liabilities. Please consult your tax advisor for further confirmation on your personal tax affairs.

Can I withdraw my investment after the 4 year minimum holding period? 13

There is no early exit mechanism. Investors will need to wait for a company exit to happen in order to receive their relevant funds.

Typical exit timeline is between 4-7 years. However, some exits may occur earlier or later than this typical timeline.