EI struggles to fill venture capital funds
Enterprise Ireland has been forced to cut the amount of money it hopes to raise under its latest venture capital initiative by €200 million.
Enterprise Ireland has been forced to cut the amount of money it hopes to raise under its latest venture capital initiative by €200 million.
The state-backed business development agency had originally hoped to raise in the region of €1 billion for investment in start-up and early stage Irish companies.
However, it has slashed this estimate by 20 per cent and now expects the final figure to be closer to €800million.
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
The year in review
The best writing and and the biggest stories of 2019 from the Business Post
Newsround: What Thursday’s papers say
Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals
More cycle routes, expansion of Luas to Bray and new bus network proposed
Greater Dublin Area draft Transport Strategy published