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!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team