Lag om statens helägda aktiebolag som placerar riskfinansiering i kapitalfonder för tidig fas | 967 — Finland law | Esheria

Lag om statens helägda aktiebolag som placerar riskfinansiering i kapitalfonder för tidig fas

The company’s purpose is to develop the capital investment market by addressing shortcomings in the supply of financing for companies in their early stage.

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Jurisdiction
Finland
Instrument
Act or statute
Citation
967
Version
Undated source snapshot
Language
sv
Updated
Official source
View official record ↗
capital investment market capital investments damages decision-making early-stage financing employee liability fund management guarantees implementation investment risk organ liability ownership steering profit purpose regulatory compliance startup financing state aid scheme state compensation state-owned company

Statute overview

About this statute

The company’s purpose is to develop the capital investment market by addressing shortcomings in the supply of financing for companies in their early stage. Bolaget ska främja företagens affärsverksamhet i tidig fas genom att inrätta nya fonder, göra fondplaceringar med eget och främmande kapital samt bevilja borgen för privata placerare i kapitalfonder. The company is wholly owned by the state, belongs to the administrative branch of the Ministry of Economic Affairs and Employment, and Tekes is responsible for ownership steering of the company as provided by law. The company must be run without profit purpose. It may take greater risk or accept lower returns in its fund investments within state aid rules. The Council of State may, on conditions it तय determines, commit that the state will compensate the company for losses from the activity in section 2. The company must apply several general administrative laws when deciding on capital investments and guarantees, and when preparing those decisions.

Available versions

  • Undated version · current

    fi

  • Undated version · current

    sv