Advertisement
Xtreame96

Exclusive Launch Invitation Breakfast : Venture Capital inve

Dec 11th, 2015
84
0
Never
Not a member of Pastebin yet? Sign Up, it unlocks many cool features!
text 1.88 KB | None | 0 0
  1. Dear XXXX
  2.  
  3. Exclusive Launch Invitation Breakfast: Venture Capital investment opportunity providing 100% tax deduction.
  4.  
  5. It is our pleasure to invite you to the launch of a new Venture Capital technology fund named Grotech. We are launching a new fund which will focus exclusively on disruptive innovative technologies with global reach. Grotech aims to achieve an investment return of five times the risk capital invested with a targeted IRR in excess of 30% per annum.
  6.  
  7. The fund has been structured so at to benefit from the Section 12 J tax benefit. Section 12 J of the Income Tax Act, affords investors the opportunity to obtain 100% deduction from their taxable income of the amount invested in the tax year ending 28th February, 2016. An investment made by a trust, a company or an individual tax payer is able to take advantage of this opportunity.
  8.  
  9. We have assembled a board of directors, with well over 100 years combined experience with the appropriate resources, knowledge and relationships to source attractive deal flow and implement our strategy.
  10.  
  11. There is a significant opportunity in South Africa for a venture capital fund to provide capital to the disruptive innovation, we are seeing in the ecosystem. Grotech aims to invest in and build a portfolio of high growth disruptive digital technology companies, with a buy, build and exit strategy.
  12.  
  13. We believe by injecting capital and helping build these businesses, we will make a significant impact on the economy by creating jobs whilst enabling South African entrepreneurs to build and export their technology to Africa and abroad.
  14.  
  15. We would like to invite you to a breakfast at the Standard Bank Incubator on the 22nd of January 2016, where the team can share with you more about this exciting opportunity.
  16.  
  17. Please confirm your attendance and we look forward to hosting you...
  18.  
  19. Kind Regards
  20. Clive, Craig and the GroTech Board
Advertisement
Add Comment
Please, Sign In to add comment
Advertisement