Archive for category Start-up

Enterprise Ireland: €50,000 for 15 Startups

Enterprise Ireland have just announced a new fund for Irish start ups. The fund is similar to the Internet and Game fund launched in December.

If you are an early stage company with a software solution from any of the following sectors, you can apply to our Competitive Start Fund. The application form is all online, but you must complete it before March 11th, 2011.

• Cloud computing
• Enterprise software
• Internet & Games
• SaaS
• Telecoms

Up to 15 companies will be selected to receive an investment of €50,000 , in return for a 10% ordinary equity stake. The investment will be made in two equal tranches. This means that the selected companies will be required to secure additional investment of €5,000 prior to the release of Enterprise Ireland’s investment.

Find out more here.

The timing of this fund is fantastic for anyone attending the Dublin Startup Weekend this weekend. I was out last night at a pre-event meetup and it looks like this is going to be a great weekend. There was lots of energy in the room and lots of people pitching their possible ideas. I really like is the mix of both technical and business folk.

Best of luck to everyone at this weekend.

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