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AIB expects a record year of seed funding investment in 2012, with the creation of at least 20 new, innovative businesses and the support of around 130 jobs.

The largest provider of seed capital funding in Ireland, AIB funds are likely to support 260 jobs in 2011 and 2012 combined and it is expected to have invested around €6m in 2011 alone in 20 new investments in early stage companies.

AIB facilitates the provision of such finance through two dedicated seed capital funds which have a combined total €75m available for investment. The funds were established under the Enterprise Ireland Seed and Venture Capital Programme 2007-2012.

To read the full, original article click on this link: Seed capital will continue to be critical for start-ups in 2012 -- AIB - Business - Business | Ireland's online business and management news service - Businessandleadership.com