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EIIS managers tack to safety as Covid hits investee firms

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Money managers sourcing businesses to back with funding through the tax efficient Employment Incentive and Investment Scheme (EIIS) are becoming more cautious due to Covid-19 and the blow-ups of investor-backed firms Maximum Media and Dublin Food Sales. (stock picture)

Money managers sourcing businesses to back with funding through the tax efficient Employment Incentive and Investment Scheme (EIIS) are becoming more cautious due to Covid-19 and the blow-ups of investor-backed firms Maximum Media and Dublin Food Sales. (stock picture)

Money managers sourcing businesses to back with funding through the tax efficient Employment Incentive and Investment Scheme (EIIS) are becoming more cautious due to Covid-19 and the blow-ups of investor-backed firms Maximum Media and Dublin Food Sales. (stock picture)

Money managers sourcing businesses to back with funding through the tax efficient Employment Incentive and Investment Scheme (EIIS) are becoming more cautious due to Covid-19 and the blow-ups of investor-backed firms Maximum Media and Dublin Food Sales.

"There is an uncertainty in the market," said Mark Richardson, director of EIIS Management, a joint venture between Baker Tilly and Goodbody. "Investors are more risk averse and certain sectors of the economy are really struggling with Covid."


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