WDC concern over VC fund

The Western Development Commission (WDC) has expressed concern about the future of its venture capital fund, after An Bord Snip Nua recently recommended that the organisation be merged with Enterprise Ireland.

24th October, 2009

The Western Development Commission (WDC) has expressed concern about the future of its venture capital fund, after An Bord Snip Nua recently recommended that the organisation be merged with Enterprise Ireland.

The WDC manages the Western Investment Fund which, to date, has invested €33.7 million in 82 high tech start-up companies west of the Shannon. It has also succeeded in leveraging an additional €130million in matching funding from private sector investors.

Western Investment Fund (WIF)...

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