Government and Enterprise Ireland announce new €200,000 Cork start-up fund

27 Mar 2014

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Cork entrepreneurs will now have the chance to apply for €200,000 worth of funding under a new initiative launched by the Department of Research and Innovation and Enterprise Ireland.

With the aim of facilitating some of the county’s best start-up ideas and stimulating job growth, the Cork Competitive Feasibility Fund, announced by Minister for Research and Innovation Seán Sherlock, TD, can provide up to €25,000 towards the cost of a feasibility study to help new entrepreneurs validate their start-up ideas. 

In his address, Sherlock spoke about the huge opportunities in the county. “Cork has a strong entrepreneurship culture. This fund is aimed at helping people who have a bright idea for an international business that can grow and provide valuable jobs in the Cork region.

“I am confident that there is a wealth of creative and capable potential entrepreneurs in the county that have a business idea they’d like to put to the test.”

The application process is expected to be be competitive and its particular focus is on supporting innovative, growth-oriented businesses with the potential to move into export markets over time.

For those interested in applying, the deadline for applications is 6pm on Friday, 25 April 2014.

Colm Gorey is a journalist with Siliconrepublic.com

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