Glossary
Yield
The rate of return on a debt instrument if the full amount of interest and principal are paid on schedule. Current yield is the interest rate as a percentage of the initial investment.
Young Innovative Company (YIC) scheme
The French Young Innovative Company status (Jeune Entreprise Innovante) has been used as best practice example within EVCA. The objective of this initiative is to help young and innovative firms overcome the difficult first years of existence by extending them tax credits in favour of R&D investment.