24. Emphasises that the creation of flexible financing alternatives is of crucial relevance to business start-ups; stresses that the distinction for tax purposes between equity and debt must be removed and that a tax allowance for investment must be introduced; stresses that since bank loans are one of the main forms of financing for SMEs, it is important to secure the supply of credit and, moreover, to seek to strengthen equity financing through a better environment for ...[+++] private equity and venture capital, including support for SME funds and crowd investment without expensive prospectus costs; calls for the introduction of a EUR 50 000 tax allowance for private equity investment;

41. Emphasises that the creation of flexible financing alternatives is of crucial relevance to business start-ups and SMEs in order to facilitate their access to finance; recognises that different contributions of debt, equity and hybrid capital can be appropriate for different business models, and invites Member States to remove the distinction for tax purposes between equity and debt and to consider introducing tax allowances for investment in the real economy to stimulate sustainable growth and create jobs; calls on the Commission to assess the benefits of the securitisation of micro-loans;

The money would be largely in the form of equity, debt or guarantees.

In 1992, a major $1.6 billion restructuring plan was implemented, which included the conversion of $800 million in debt into capital stock, a $246 million investment from American Airlines, a $200 million contribution by the employees, $120 million in government loans, the buy-back of three Airbus planes by the federal government for some $150 million when their market value was less than half that amount, a $40 million service contract for these three planes, the federal government's commitment to protect Canadian Airlines' monopoly ...[+++] over the most profitable routes in Asia, et cetera.

The owner personally invested over $500,000, was able to borrow one million dollars from a chartered bank but still had to find $500,000 in risk capital, for a total of $2 million.

That in essence began a discussion on the CHST, which provided a five-year track for funding and also provided the flexibility to the provinces by transferring that amount in block funding so that provinces can then decide on their own both their priorities and how they would invest.