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11/01/2012
Hayes Welcomes €200k Start-Up Fund
Fine Gael Tipperary South TD, Tom Hayes, has welcomed the establishment of a €200,000 fund aimed at stimulating start-up businesses in the South East. Companies in South Tipperary will be eligible to apply for funding under the initiative.
"This is a very positive step from the Minister for Jobs, Enterprise and Innovation, Richard Bruton, to help stimulate start-up businesses in the South East. The region has been marred by very high unemployment in recent years, with jobless figures far outstripping other areas of the country.
"The Competitive Feasibility Fund for the South East will be run on a pilot basis, with funding of up to €25,000 to be provided to innovative local companies with job creating potential. Companies in the ICT, industrial and food sectors based in South Tipperary, Waterford, Wexford, Carlow and Kilkenny will be eligible to apply.
"This funding could provide a very significant boost to companies who successfully apply. The injection of €25,000 to a start-up business will allow local entrepreneurs to launch themselves into the global marketplace and explore their potential to capitalise on exports. This is about stimulating indigenous industries that will be the key drivers of growth in this economy as we continue to emerge from recession."
(CD/GK)
"This is a very positive step from the Minister for Jobs, Enterprise and Innovation, Richard Bruton, to help stimulate start-up businesses in the South East. The region has been marred by very high unemployment in recent years, with jobless figures far outstripping other areas of the country.
"The Competitive Feasibility Fund for the South East will be run on a pilot basis, with funding of up to €25,000 to be provided to innovative local companies with job creating potential. Companies in the ICT, industrial and food sectors based in South Tipperary, Waterford, Wexford, Carlow and Kilkenny will be eligible to apply.
"This funding could provide a very significant boost to companies who successfully apply. The injection of €25,000 to a start-up business will allow local entrepreneurs to launch themselves into the global marketplace and explore their potential to capitalise on exports. This is about stimulating indigenous industries that will be the key drivers of growth in this economy as we continue to emerge from recession."
(CD/GK)
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