Venture capitalists extend call to software entrepreneurs


18 Oct 2010

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A major software event is set to showcase the best of Irish software products to venture capital companies.

During the upcoming second annual Software Investor Forum in Dublin, organised by the Irish Software Association (ISA) and the Irish Venture Capital Association (IVCA), innovative software SMEs and start-up companies will have the opportunity to showcase their business to some of the country’s top venture capitalists.

Encouraging and essential

Speaking at the announcement, Regina Breheny, director general of the IVCA, referred to the event as encouraging and essential: “This type of engagement encourages the development of the high-tech indigenous SME sector, which we believe is essential to put Ireland’s economic path back onto a growth trajectory.”

Howard Beggs, chairman of the ISA growth and scale working group and managing director at Helix Health, said: “This forum is an ideal opportunity for start-ups and SMEs to introduce their companies to those who can give them additional expertise and potential financial support.”

Members of the IVCA have some €800m to invest over the next few years and have already invested €1.5bn in Ireland during the last 10 years.

The ISA Software Investor Forum is open to all SME and start-up software and technology companies. Those wishing to participate should register their interest at the website.