10/07/2012

€250k Fund Announced To Stimulate Business Start-Ups By Female Entrpreneurs

The Minister for Jobs, Enterprise and Innovation, Mr Richard Bruton TD, today announced the establishment by Enterprise Ireland of a €250K Competitive Feasibility Fund aimed at stimulating high potential business start-ups by female entrepreneurs.

The fund will be open for applications from Tuesday 17th of July 2012 until 4th of September 2012. This initiative is part of a drive by Enterprise Ireland to boost the number of innovative, export-oriented business being led and set up by female entrepreneurs.

Today’s announcement marks the delivery of a key measure under the Action Plan for Jobs 2012, and is aimed at supporting growth in female entrepreneurship.

The Female Entrepreneurship Competitive Feasibility Fund is designed to assist female entrepreneurs to investigate the viability of a new growth orientated business that can succeed in global markets. The focus is on developing new businesses that can move beyond the domestic market and demonstrate real potential for internationalisation.

The closing date for applications is 4h September 2012, and successful applicants will be notified by the end of September.

(CD)

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