Enterprise Ireland Launches €10M International Start-Up Fund

The Government of the Republic of Ireland recently launched the €10m International Start-Up Fund.

The fund, which aims at encouraging overseas entrepreneurs to locate start-up businesses in the country, will be managed by Enterprise Ireland.

The investment vehicle will be open particularly at the Irish diaspora, international expatriates, people from overseas who have previously worked or studied in Ireland, and serial and mobile entrepreneurs.

The fund will make equity investments in projects, mainly start ups, operating in Internet, Games, Cloud Computing, Medtech and Financial Services sectors, seeking between €200k and €500k. Geographically, it will target North America, UK, Europe and Australia.

FinSMEs

13/11/2011

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