Translation of "Permanent equity financing " (English → French) :

15. Calls in particular for improved access to financial support for the initial stages of innovation in the form of seed and angel funding, more equity and quasi-equity financing for start-ups and small innovative companies at the European, regional and local level; stresses the need, as regards this aspect, to set up a European Fund for Venture Capital; considers that the Union should expand the permanent risk-sharing products offered by the European Investment Bank (EIB) via the Risk Sharing Finance Facility (RSFF);

In the case of branches of foreign companies, all capital for the initial investment must be provided from foreign sources.Borrowing from local sources is only permitted after the initial implementation of the project, for financing working capital requirements.ESinvestment in Spain by foreign government and foreign public entities (which tends to imply, besides economic, also non-economic interests to entity's part), directly or through companies or other entities controlled directly or indirectly by foreign governments, need prior authorisation by the government.FRforeign purchases exceeding 33,33 % of the shares of capital or voting r ...[+++]ights in existing French enterprise, or 20 % in publicly quoted French companies, are subject to the following regulations:after a period of one month following prior notification, authorisation is tacitly granted for other investments unless the Minister of Economic Affairs has, in exceptional circumstances, exercised its right to postpone the investment.FRforeign participation in newly privatised companies may be limited to a variable amount, determined by the government of France on a case by case basis, of the equity offered to the public.FRfor establishing in certain commercial, industrial or artisanal activities, a specific authorisation is needed if the managing director is not holder of a permanent residence permit.ITexclusive rights may be granted or maintained to newly privatised companies.

Sessional Paper No. 8560-351-74A (Pursuant to Standing Order 32(5), permanently referred to the Standing Committee on Finance) by Mr. Eggleton (President of the Treasury Board) Report on Employment Equity in the Public Service for the fiscal year March 31, 1994, pursuant to section 11 of the Financial Administration Act, Chapter F-11, Revised Statutes of Canada, 1985.