New €250,000 Competitive Feasibility Fund for Female Entrepreneurs

28 August 2013 – Enterprise Ireland have announced the establishment of a new €250,000 Competitive Feasibility Fund for Female Entrepreneurs aimed at continuing to significantly boost the number of high potential female-led business start-ups.

This initiative is part of a drive by Enterprise Ireland to boost the number of innovative, export-oriented businesses being set up and led by female entrepreneurs.  It will provide female-led companies with critical early stage funding to test the market for their products and services and progress their business plans for the global marketplace. Up to 10 companies are expected to benefit under this round of funding, and up to €250,000 is available.

The fund will be open for applications from Tuesday 20 August 2013 until Tuesday 10 September 2013. The funding call is open to female-led start-ups in Manufacturing and Internationally Traded Services including Internet, Games, Apps, Cloud Computing, Enterprise Software, Lifesciences, Food, Consumer Products, Medical Devices and e-Health.

Commenting on the announcement, Julie Sinnamon, Enterprise Ireland Executive Director, Global Business Development, said: ‘The development of high-potential start-up businesses is core to Enterprise Ireland’s role in developing sustainable export-oriented companies. We see this new fund as a strategic investment in female-led start ups. It will support them to expand their business horizons and set up innovative international companies that can win business abroad and create jobs at home’.

Full details of the Fund and the application form are available on the Enterprise Ireland web site: www.enterprise-ireland.com/ambitiouswomen
The closing date for applications is Tuesday 10 September 2013.

Source: Enterprise Ireland