Enterprise Ireland launches €1m ‘Go Global’ fund

26 May 201198 Views

Companies that are already successfully trading in Ireland but believe they could trade overseas have been invited by Enterprise Ireland to apply for grants of up to €25,000 under a new ‘Go Global’ fund.

The competitive €1m ‘Going Global Fund‘ is specifically designed to support domestically-focused companies in exploring and validating market opportunity in a new market or to introducing a new service or product to an existing market.

Grants of up to €25,000, covering up to 50pc of eligible costs, are available. The closing date for the first round of applications is 20 June 2011. A second call will be issued later in the year (3 October).

Securing export sales

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“Ireland has a host of successful companies selling well-developed, high-quality products and services within Ireland,” Marina Donohoe, manager of Business and Consumer Services at Enterprise Ireland, explained.

“With their strong offerings, such companies have the potential to secure business in overseas markets. This fund is designed to assist such companies to explore and validate their overseas market potential.

“Securing export sales can provide Irish companies with their next wave of growth, boosting sales and creating additional employment,” said Donohoe.

John Kennedy is a journalist who served as editor of Silicon Republic for 17 years

editorial@siliconrepublic.com