The Minister for Enterprise, Trade and Innovation, Batt O’Keeffe TD, today launched a new €17m fund for innovative new Irish firms to create 'high-quality' jobs.
The Bank of Ireland start-up and emerging sectors equity fund will help entrepreneurs to turn ideas into new products and services for export markets. It is the second fund launched by Bank of Ireland and Enterprise Ireland for start-up and early-stage growth firms and it is the 10th new fund supported by the Government through Enterprise Ireland’s Seed and Venture Capital Programme 2007-2012.
Bank of Ireland is investing €15m in the fund, with €2m provided by the Government through Enterprise Ireland and it will target investments between €100,000 and €500,000
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