€6 million Science and Technology Grant

23rd June 2005

An additional €6 million in funding is being made available to emerging technology and science companies in the South.

Enterprise Ireland and Enterprise Equity Venture Capital Company are each pumping in €3 million to a fund set to developing business in the regions.

The fresh funding brings the total amount available for investment to €22 million.

€6 million in funding is being made available

Enterprise, Trade and Employment Minister Micheàl Martin said the fund was extending its remit of the Border, Midland and Western regions to include the South-West region. “This expansion offers new and existing companies in the South-West region an important new source of potential capital and I would strongly encourage firms to explore this investment option”.