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.
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