New fund available to stimulate female entrepreneurships

Minister for Jobs, Enterprise and Innovation, has announced the establishment by Enterprise Ireland of a new €250,000 Competitive Feasibility Fund for Female Entrepreneurs aimed at continuing to significantly boost the number of high potential female-led business start-ups.

Minister for Jobs, Enterprise and Innovation, has announced the establishment by Enterprise Ireland of a new €250,000 Competitive Feasibility Fund for Female Entrepreneurs aimed at continuing to significantly boost the number of high potential female-led business start-ups.

This initiative is part of a drive by Enterprise Ireland to boost the number of innovative, export-oriented businesses being set up and led by female entrepreneurs.

The fund is open for applications until Tuesday September 10, and the funding call is open to female-led start-ups in manufacturing and internationally traded services including Internet, games, apps, cloud computing, enterprise software, life sciences, food, consumer products, medical devices and e-Health. The announcement follows on from two successful female entrepreneurship funds launched by Enterprise Ireland in 2012. These funds attracted over 200 applications resulting in an additional 30 female-led businesses receiving funding to investigate the viability of new growth orientated businesses which can succeed in global markets. This latest fund will be followed in October by a new Competitive Start Fund for Female Entrepreneurs, continuing the commitment to deliver on the key measure under the Action Plan for Jobs aimed at supporting growth in female entrepreneurship.

Making the announcement, Minister Bruton said a key part of the Government’s plan for jobs and growth is encouraging more businesses to start-up, grow, and create jobs.

“Making sure that we have a substantial increase in the number of female-led start-ups is part of that strategy. As part of the Government’s Action Plan for Jobs in 2012, Enterprise Ireland launched a new women-in-business drive to support female entrepreneurs, including several female competitive funding programmes which attracted a very high level of applicants with ambitious and innovative projects.”

Full details of the fund and the application form are available on the Enterprise Ireland web site: www.enterprise-ireland.com/ambitiouswomen

The closing date for applications is Tuesday 10 September 2013.