Melbourne & Sydney61-2-8073 9191

Tuesday 10th January, 2017

Powering your Early-Stage company to SuccessESIC Hub is Australia’s first and only online platform dedicated to serving the needs of the early-stage community of: Entrepreneurs, innovators, researchers Investors Advisers

Melbourne & Sydney61-2-8073 9191

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Lead playerin the consultation and design of the ESIC program.Read more about Stephen Crowe @

esichub.com/who-we-are/

Whatis an ESIC?= Early Stage Innovation Company (under Australia’s tax laws)

Melbourne & Sydney61-2-8073 9191

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What doesit mean for you?• Immediately attractive to

investors.

• Empowers you in your negotiations with your investors.

• Gives you more control over your capital raising.

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When is it relevant?Being an ESIC is relevant at the testing time > when equity is issued and $paid for.

ESIC is a dynamic status and needs measuring each and every time new equity is issued.

As with most things, TIMING IS EVERYTHING in the ESIC Environment.

Am Ian ESIC?Let’s find out…

ESIC Hub’s on-line ESIC Predictorhttp://esichub.com/esic-predictor/

Melbourne & Sydney61-2-8073 9191

ESIC ReadyFantastic. Let’s engage with

Investors

ESIC In Progress

You’re on your way and require our help

Not ESICNot at this time. Ask ESIC Hub what is

needed

Melbourne & Sydney61-2-8073 9191

So, how do I become an ESIC?

Seek a ruling from the ATO

Do It Yourself

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Find an expert ESIC adviser

ESICHUB

Expert Advice - what you should look for in an ESIC adviserSomeone who:

• Is used to dealing with innovative early stage companies and investors

• Understands the ESIC law in detail and how it applies to you

• Understands investors and capital markets• Works with you in a client centric and timely manner• Is a licensed & experienced ESIC tax professional

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So, what does ESIC Hub actually do?We provide a secure, regulated and compliant marketplace where the ESIC benefits are delivered:

1. We certify your ESIC. You and your investors get peace of mind.

2. We give you a tax opinion around your ESIC status that you can rely on.

3. We give your investors an expert tax opinion.

4. We offer R&D tax services and other government-to-industry programs (e.g grants).

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How does an investor benefit from investing in an ESIC?

Investors who subscribe for new equity in an ESIC receive:

• A 20 per cent non-refundable carry forward tax offset on amounts invested in qualifying ESICs, with the offset capped at $200,000 per sophisticated investor & $10,000 per retail investor per year (on an affiliate-inclusive basis); and

• An exemption from capital gains tax for profits made on ESIC investments owned between 1 and 10 years.

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Melbourne & Sydney61-2-8073 9191

.com

Melbourne & Sydney61-2-8073 9191

.com

Stephen Crowe Founder of ESIC Hub

Stephen is passionate about innovation and investment. He is the pre eminent authority on ESIC in Australia.

Having spent the last 20 years focussed on a broad range of senior investment, tax and R&D roles including at Macquarie Bank, Citigroup and in his own boutique consultancy since 2000.

Stephen’s introduction to innovation investment began in Macquarie Bank’s technology investment division assisting clients with their innovation investments.  

Before joining Macquarie Bank, Stephen was a tax manager at one of the Big 4 international accounting firms.

His interest in innovation and investment became more global when he joined Citigroup, where he was a Director of the bank-owned R&D investments and Vice President of Corporate and Structured Finance, assisting global clients on their financing and investment strategies across all industries.

Stephen founded CLEARSPACE in 2000, a boutique consultancy devoted to securing financial incentives and strategic benefits that create wealth for its clients.

Stephen has overseen and implemented a broad range of financial solutions, including R&D and additional tax benefit packaging, domestic and cross border leasing, and additional funding for innovation activities for public organisations and private corporations. He has worked with government-to-industry initiatives for over 20 years.

Stephen’s skills have allowed him to advise on how to implement funding and structure strategies for industry.  He has been also been a founding equity investor in several successful startups.

Stephen’s involvement in the International Banks and Securities Association as a committee member and his broad international financing experience allow him to deliver excellent strategic and practical advice to a range of Australian businesses.

He is an Associate of the Institute of Chartered Accountants, a Chartered Tax Adviser with the Taxation Institute of Australia and registered with the Tax Practitioners Board of Australia.