Now, the current plan is better than the original one, having more oversight, and
requiring equity stakes.
The entrepreneurs were not charged to participate in the program, and Pearson and Unreasonable Group don't
require an equity stake in the ventures.
Not exact matches
In some cases, participation
requires entrepreneurs to sign over a portion of
equity or accept an ownership
stake.
While
equity does not
require repayment over a defined time period, an entrepreneur's
stake in his or her company is diluted through the issuance of
equity to outside investors.
TechStars focuses on technology companies with transnational appeal, and
requires a 6 percent
equity stake in any new companies that are funded.
It can particularly put business partners into conflict with one another if one has a qualifying
equity stake in a home and the other does not, since the home - owning partner will be
required to assume this risk to proceed with the loan application.
The introduction of New York - based Rhone Capital into the bidding vehicle with an intended 15 to 20 per cent Treasury
stake if the offer is successful, has reduced the level of
equity required by KKR, but combined, it will be about $ 2 billion.
Another approach is
required, such as directing a proportion of catch profits or mining royalties to traditional owners as «resource rental» (in recognition of their traditional property right to the resources being exploited); subsidising the purchase of, or granting without fee, commercial licences; providing an
equity stake for traditional owners in development on Indigenous land; granting seed funding for Indigenous enterprises; offering contracting concessions to Indigenous businesses in development projects; and other means of facilitating the exercise of commercial rights that flow from native title rights and interests.
Earlier this year, a senior lender
required a Chicago office building buyer to increase its
equity stake to $ 38 million from $ 33 million, Mazzarelli says.