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is obliged to send an activity report to the Undersecretariat indicating the
company’s business stage according to the business plan for two years as
of the date angel investors become shareholders in the venture company
and pay the capital to the bank account in cash.
Conclusion
AICR aims to support entrepreneurs and venture companies who
experience financial difficulties, but have innovation-oriented creative
ideas, by regulating angel investment capital, a financing tool for
ventures who lack funding. This Regulation aims to, institutionalize angel
investment capital and induce investments.