Start-Up Capital Incentive

Tax relief for family backing new businesses Family members are often key investors in new micro-enterprises. The Start-Up Capital Incentive (SCI) provides tax relief to family members who invest in early-stage micro-enterprises. Who is it for? SCI helps new micro-enterprises attract investment from family members such as a spouse or civil partner, ancestor, lineal descendant or sibling. You may be eligible if:  You are a micro-enterprise employing fewer than 10 people. You are carrying out a qualifying new venture.  You have not commenced or made preparations to commence carrying on any trade or business more than seven years before the share issue date.  You do not have any partner or linked enterprises.  Eligibility is subject to terms and conditions which can be found on the Revenue website. Type of support: Tax Incentives & Reliefs