Enterprise Ireland Competitive Start Fund launched
Pictured at the launch of the fund are Myles Murray, CEO, PMD Solutions, Cork, Sarita Johnston, Manager, Graduate CSF Programme, Enterprise Ireland and Jobs Minister Richard Bruton.
Jobs Minister Richard Bruton today launched a new €500,000 Enterprise Ireland Competitive Start Fund targeted at stimulating new start-up business activity for graduates. This fund will provide for up to €50,000 in support for each successful applicant. The fund will open for applications on Wednesday 9th July and closes at 3pm on Wednesday 23rd July 2014. Applicants must have graduated with a FETAC level 8 qualification in the last 3 years.
Today’s announcement forms part of a broader strategy, laid out in the Government’s Action Plan for Jobs, aimed at encouraging a higher level of entrepreneurship and start-ups. In recent weeks the Government announced a new county-based competition to find Ireland’s Best Young Entrepreneur, with a total of €2million available to invest in winning businesses.