Cash-starved start-ups ‘need to look to Britain’

Shotclip founder says Ireland’s investment community is too conservative, writes Elaine O’Regan

Conor McNally, managing director of Shotclip Photo: Feargal Ward

Cash-hungry start-ups seeking seed funding should forego Ireland’s conservative investor community and opt instead for its more robust British counterpart, according to the founder of Irish social movie-making start-up Shotclip.

“We struggled to get investment here, so we had to go to the UK,” said Conor McNally.

“It’s really competitive in Ireland and there are limited options. There are four or five seed funds and, if ...