€500,000 fund for female-led start-ups launched at Dublin Web Summit

18 Oct 20124 Shares

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(From left) Leonora O'Brien, Pharmapod; Mary Kelly, Feepay; Minister Richard Bruton, TD; and Julie Sinnamon, Enterprise Ireland executive director of global business development. Photo by Conor McCabe Photography

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Ireland’s Minister for Jobs, Enterprise and Innovation, Richard Bruton, TD, yesterday launched the Competitive Start Fund for Female Entrepreneurs to boost start-ups led by women.

The €500,000 fund comes as part of a drive by Enterprise Ireland to encourage female entrepreneurs to set up innovative, export-oriented businesses.

Earlier this year, Enterprise Ireland launched the Competitive Feasibility Fund for Female Entrepreneurs from which 20 female-led businesses have received funding to investigate their viability in global markets. This latest stimulus for female entrepreneurs is aimed at high-potential female-led start-ups in manufacturing and internationally traded services, including apps, food, games, internet services, cloud computing, enterprise software, life sciences, consumer products, medical devices and e-health.

The announcement was made during the Dublin Web Summit in the RDS. The two-day technology conference made a point of focusing on women in tech as part of its ‘Change the Ratio’ campaign.

Applications for the Competitive Start Fund for Female Entrepreneurs are open from 22 October until 3 December.

Elaine Burke is managing editor of Siliconrepublic.com

editorial@siliconrepublic.com