New €500,000 start-up fund launched for female entrepreneurs

11 Nov 2015

Pictured at the launch of the new fund are (l-r) Ollwyn Moran, Creeper Crawlers; Helen Flynn, KonnectAgain; Minister for Jobs, Richard Bruton; Sarita Johnston, manager female entrepreneurship, Enterprise Ireland

Enterprise Ireland has just announced a €500,000 fund for female entrepreneurs, with applications open for just two weeks.

Starting today (11 November), women are encouraged to apply for batches of funding worth up to €50,000 each, as part of a focused demographic drive by Enterprise Ireland.

The idea is to boost the number of businesses created by women in Ireland, with areas from IT, games, apps, cloud computing, enterprise software, life sciences, food, consumer products, medical devices and e-health all included in the parameters for funding.

Named the Competitive Start Fund, it was announced today by Richard Bruton, Minister for Jobs, and Julie Sinnamon, Enterprise Ireland’s CEO – the closing date for applications is 25 November, at 3pm.

“Ensuring that innovative and ambitious business women realise their full potential is critical to Irish economic prosperity and a major priority for Enterprise Ireland,” said Sinnamon.

“The Fund will support women to expand their business horizons and set up viable companies that can win business in international markets and create jobs at home”.

Full details of the fund and the application form are available here.

Women Invent is Silicon Republic’s campaign to champion the role of women in science, technology, engineering and maths. It has been running since March 2013, and is kindly supported by Intel, Open Eir (formerly Eircom Wholesale), Fidelity Investments, Accenture and CoderDojo.

Gordon Hunt was a journalist with Silicon Republic