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16/03/2012
€60m Govt Investment Will Create High-Tech Jobs Of the Future
The Minister for Jobs, Enterprise and Innovation, Richard Bruton T.D. who is in Silicon Valley on a trade and investment mission, has issued a global call to top venture capitalists to signal their interest in establishing a presence in Ireland.
As part of the announcement, the Government through Enterprise Ireland will invest a total of more than €60million in venture capital funds which establish a presence in Ireland.
The announcement of a second call from Innovation Fund Ireland represents the delivery of a major Q1 commitment in Action Plan for Jobs 2012.
The Programme for Government commits to establishing a dynamic venture capital industry in Ireland, in order to ensure that high-tech early-stage companies based here can have access to capital, as well as mentoring and support, from top tier venture capitalists – often successful high-tech entrepreneurs themselves.
To date under Innovation Fund Ireland the National Pensions Reserve Fund (NPRF) has made investments in Polaris Ventures, DFJ and DFJ Esprit. Minister Bruton also announced yesterday (Thursday) a joint investment by Enterprise Ireland and the NPRF in Sofinnova Ventures, one of the premier US healthcare venture capital funds, as part of the Innovation Fund Ireland first call previously announced by Enterprise Ireland. These investments will help ensure that Irish-based high-tech companies in key sectors can have access to venture capital funds.
It is expected that similar investments will follow and Minister Bruton will be promoting this initiative as part of his visit to the western USA.
Enterprise Ireland and the National Pensions Reserve Fund (NPRF) manage Innovation Fund Ireland and under the call announced today investors have until June 14 to signal their interest in establishing a presence in Ireland.
(CD)
As part of the announcement, the Government through Enterprise Ireland will invest a total of more than €60million in venture capital funds which establish a presence in Ireland.
The announcement of a second call from Innovation Fund Ireland represents the delivery of a major Q1 commitment in Action Plan for Jobs 2012.
The Programme for Government commits to establishing a dynamic venture capital industry in Ireland, in order to ensure that high-tech early-stage companies based here can have access to capital, as well as mentoring and support, from top tier venture capitalists – often successful high-tech entrepreneurs themselves.
To date under Innovation Fund Ireland the National Pensions Reserve Fund (NPRF) has made investments in Polaris Ventures, DFJ and DFJ Esprit. Minister Bruton also announced yesterday (Thursday) a joint investment by Enterprise Ireland and the NPRF in Sofinnova Ventures, one of the premier US healthcare venture capital funds, as part of the Innovation Fund Ireland first call previously announced by Enterprise Ireland. These investments will help ensure that Irish-based high-tech companies in key sectors can have access to venture capital funds.
It is expected that similar investments will follow and Minister Bruton will be promoting this initiative as part of his visit to the western USA.
Enterprise Ireland and the National Pensions Reserve Fund (NPRF) manage Innovation Fund Ireland and under the call announced today investors have until June 14 to signal their interest in establishing a presence in Ireland.
(CD)
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25 July 2012
Minister Announces €20m For Co-Investment In Seed And Venture Capital Funds
The Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, has today announced that €20m is available for co-investment in seed and venture capital funds, and issued a call to fund managers to signal their interest in setting up funds. This €20m comes under the Enterprise Ireland Seed and Venture Capital Programme 2007 – 2012.
Minister Announces €20m For Co-Investment In Seed And Venture Capital Funds
The Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, has today announced that €20m is available for co-investment in seed and venture capital funds, and issued a call to fund managers to signal their interest in setting up funds. This €20m comes under the Enterprise Ireland Seed and Venture Capital Programme 2007 – 2012.
27 July 2006
Minister welcomes increased venture capital seeding
According to the Enterprise Ireland Seed and Venture Capital Report, 2005 saw an increased level of investment by the Irish venture capital sector following a period of consolidation in recent years.
Minister welcomes increased venture capital seeding
According to the Enterprise Ireland Seed and Venture Capital Report, 2005 saw an increased level of investment by the Irish venture capital sector following a period of consolidation in recent years.
22 August 2002
Venture Funds help Irish employment levels
Tánaiste and Minister for Enterprise Trade and Employment, Mary Harney, recently announced that total investment made in 2001 by the Enterprise Ireland partnership funds with the private sector amounted to almost €28.5 million.
Venture Funds help Irish employment levels
Tánaiste and Minister for Enterprise Trade and Employment, Mary Harney, recently announced that total investment made in 2001 by the Enterprise Ireland partnership funds with the private sector amounted to almost €28.5 million.
18 August 2005
Enterprise Ireland reports on seed and venture capital investment
Enterprise Ireland has reported venture funds invested reached €38.7 million as venture capitalists "consolidated" their position in 2004.
Enterprise Ireland reports on seed and venture capital investment
Enterprise Ireland has reported venture funds invested reached €38.7 million as venture capitalists "consolidated" their position in 2004.
29 November 2012
Clearstream Jobs Boost Announced
Clearstream has established a branch in Dublin to extend its post-trade offering in the area of investment funds to hedge funds. Clearstream Banking S.A.
Clearstream Jobs Boost Announced
Clearstream has established a branch in Dublin to extend its post-trade offering in the area of investment funds to hedge funds. Clearstream Banking S.A.
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