Cork-based Quintas Capital launches €12m EIIS investment fund

Focus of new fund will include childcare, healthcare, recreation, and renewables

Mon, 20 Oct, 2025 - 07:38

Martin Claffey

Cork-based Quintas Capital has launched a €12m investment fund in social infrastructure projects in Ireland through the Employment Investment Incentive Scheme (EIIS).

The Employment Investment Incentive Scheme (EIIS) is a government-backed programme that encourages private investment in Irish SMEs. It can achieve 50% income tax relief, versus 35% for trading businesses. Relief can be claimed on up to €1m annually per investor.

The new fund operated by Quintas opens on Monday and the company says it expects to be oversubscribed following its success closing a recent €8m fund which attracted 135 investors. That fund was deployed over nine months into large-scale crèches, padel courts, and an aparthotel.

“EIIS is one of the most powerful levers Ireland has for directing private capital into the real economy. It supports entrepreneurs, creates jobs, and funds infrastructure that communities desperately need," said Quintas chief executive Kevin Canning. "Our investors are not just securing tax-efficient returns – they are helping to build the childcare centres, healthcare facilities, and business spaces that underpin Ireland’s growth story.”

The new €12 million fund will invest exclusively in pre-trading social infrastructure projects that qualify for the maximum 50% tax relief. Quintas said sectors of focus include childcare, healthcare, recreation, renewables, and essential business facilities.

“Many high-earning professionals and entrepreneurs are looking for efficient ways to deploy capital beyond pensions. EIIS offers not only superior tax treatment but also a chance to make a visible difference in Irish society. Investors know exactly what they are backing – buildings, facilities and businesses they can see and understand,” said Mr Canning.