16/08/2016

Competitive Feasibility Fund Launched For Agri-Businesses

A new Enterprise Ireland Competitive Feasibility Fund has been launched for agri-businesses.

The Fund, which can provide up to €25,000 per initiative, is aimed at stimulating innovative start-ups and creating jobs and growth in the Irish agri-business sector.

The Fund will open for applications from entrepreneurs and early stage start-up companies on Tuesday, 23 August. It will close on Tuesday, 06 September.

The Fund is open to applications from individuals, early stage companies or prospective businesses operating in the agri-business sector including: machine design and manufacturing; fabrication; engineering and technical activities; life sciences products with application in the agri-sector; farm related software and related services; vet-pharma; animal health and chemical products. Early stage food companies with the potential to export are also encouraged to apply.

Launching the Fund, the Minister for Jobs, Enterprise and Innovation, Mary Mitchell O'Connor, said: "In Ireland we have a strong and dynamic agri-business sector, with highly innovative companies like TrueNorth Technologies successfully winning sales in international markets. Competitive Feasibility Funds are all about developing new businesses that will create jobs in every region in Ireland – something this Government is deeply committed to. If you are a potential entrepreneur or early stage business in the agri-business sector, this Competitive Feasibility Fund can help you get started."

(MH/LM)

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