Rescue plan for embattled Bio-Marine Ingredients burns investors 

The focus shifted to trying to save the company rather than protecting employment investment incentive scheme investors

Investors who entered the employment investment incentive scheme, and provided equity-based finance to Bio-Marine Ingredients, had their full investment written down to zero. Picture: Larry Cummins

Investors involved with the embattled Irish start-up Bio-Marine Ingredients have been burned as part of a process to save the company from failure.

Those who entered the employment investment incentive scheme (EIIS), and provided equity-based finance to the company that creates human and pet nutrition products, had their full investment written down to zero, documents seen by the Irish Examinershowed.