Two new N. Ireland equity funds have £95m for investments into innovative SMEs, universities
TWO new follow-on equity funds are making £95 million available to give potential high-growth start-up businesses in Northern Ireland an early-stage cash injection. A second round of the TechStart seed fund and the fourth Crescent Capital development fund are part of Invest NI’s ‘Access to Finance’ portfolio, which provides loan and equity funding to innovative […]
Bumper year for NUI Galway startups as they reaped €35m in investment funds
In a very successful year for innovation during 2018, NUI Galway start-ups secured €35 million between private equity investment and research funding while the 36 companies based at the university’s Business Innovation Centre now employ 173 people, which represents an increase of 20 per cent over 2017. The year also saw NUI Galway sign more […]
NUI Galway medtech accelerator returns
The NUI Galway-hosted medtech accelerator BioExcel is open for entries for its 2018/2019 cohort. The programme allows participants to build and commercially validate their technologies by working with existing entrepreneurial networks, mentors and management team. Funded by Enterprise Ireland, Western Development Commission, Galway University Foundation, Bank of Ireland seed and early stage equity fund, BioExel […]
Enterprise Ireland reveals first start-up fund of 2018, worth €750,000
The first Enterprise Ireland CSF for 2018 is an all-sector affair. Up to 15 start-ups will be eligible for up to €50,000 in equity funding as part of the first Enterprise Ireland Competitive Start Fund (CSF) call for 2018. The purpose of the CSF is to accelerate the growth of start-up companies that have the […]
Academic-commercial collaborations see huge rate of Startup success in Ireland
More than 80 percent of collaborations between commercial and academic institutions since 2013 have resulted in successful startups, a report by Knowledge Transfer Ireland has found. The report also shows 26 new products and services have launched in 2016 from fully active and operating spin-outs. Spin-outs are companies that are based on ideas and products developed […]
Enterprise Ireland offering €500,000 in start-up funding
This CSF is directed at mature and highly experienced business professionals with 25 years or more of relevant business experience in Ireland or abroad, of which at least 10 years should be at a senior or leadership level. Up to 10 successful applicants will receive high-level business development support and an investment of up to […]
Enterprise Ireland reveals latest €750,000 Competitive Start Fund
Enterprise Ireland has issued a call for applications for its seventh Competitive Start Fund (CSF) to be launched in 2017. The €750,000 fund is open to all sectors, with a particular focus on start-ups in the areas of agriculture, manufacturing, life sciences and renewables. ‘Start-up businesses offering innovative products and services are the lifeblood of […]
Enterprise Ireland announce €1.5m competition for start-up businesses
A total of €1.5m in start-up funding will be available from Enterprise Ireland as part of two new competitive start-up fund competitions. Start-ups located outside of Co. Dublin are also invited to apply to the €1m Regional Entrepreneurship Competitive Start Fund. At least 30 successful applicants will receive high-level business development support and an investment […]
Offaly researchers eligible for €2.5 million Irish frontier research fund
A new programme outlined by the Irish Research Council will make €2.5 million available for frontier research and researchers in Offaly are being encouraged to apply. The Laureate Awards programme was officially launched by the Minister for Education and Skills, Richard Bruton TD, and the Minister for Training, Skills and Innovation, John Halligan TD on […]
Dublin City University IoT sensor firm AmbiSense gets €1m from Atlantic Bridge Fund in Ireland
Founded as a research project within Dublin City University (DCU) in 2008, AmbiSense went on to become an Enterprise Ireland High Potential Start-Up in 2014, led by co-founders Stephen McNulty, Dr Fiachra Collins and Prof Dermot Diamond. Working within the booming field of the internet of things (IoT), the company designs and manufactures low-cost, smart, solar-powered, gas […]