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Human capital investment in a budding start-up can be just as, if not more, crucial to success than a cash injection.

According to super angel Christopher Mirabile, who has personally made over 60 investments in fledging firms, mentoring is vitally important.

"There are three different kinds of mentors; one who really knows the industry, one who generically knows how to build a company, and then a leader who is invested in the person. You need all three in diminishing capacities," he told Independent.ie.

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