Attracting Angels: Government Considering Law to Encourage Investors

An amended version of the ‘Angels Law,’ first raised in 2010, will come up for a vote next week. It is aimed at increasing available capital at the early stages of start-up enterprise

The 2010 “Angels Law,” giving tax breaks to private investors  - dubbed “angels” in the financial lexicon - in order to encourage them to invest in new start-ups, is returning to the government for review, after the original version proved difficult to implement.
The amended law will come up for a vote next week, as part of the government’s discussions of...