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Departmental Schemes

Dáil Éireann Debate, Tuesday - 2 October 2012

Tuesday, 2 October 2012

Questions (230)

Gerald Nash

Question:

230. Deputy Gerald Nash asked the Minister for Jobs; Enterprise and Innovation the number of applications received for the competitive start fund on a county basis; and if he will make a statement on the matter. [41445/12]

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Written answers

Enterprise Ireland launched a new competitive programme called the “Competitive Start Fund” in December 2010. The purpose of the Competitive Start Fund is to accelerate the growth of start-up companies that have the capability to succeed in global markets. The Competitive Start Fund provides support of up to €50,000 in equity matched by €5,000 of promoters equity to companies to test and prove product/market fit at an earlier stage of development. The fund is open to applications from early stage companies from the following sectors: Internet, Games, Mobile, Apps, SaaS, Cloud Computing, Enterprise Software, Lifesciences, Cleantech and Industrial Products, who meet the relevant eligibility criteria. Enterprise Ireland has received 833 applications under this fund up to 25 September 2012.

Details of the number of applications received on a county by county basis are set out in the tabular statement.

COUNTY

NUMBER

Carlow

8

Cavan

3

Clare

13

Cork

85

Donegal

20

Dublin

380

Galway

44

Kerry

18

Kildare

28

Kilkenny

11

Laois

5

Leitrim

0

Limerick

44

Longford

1

Louth

11

Mayo

20

Meath

16

Monaghan

3

Offaly

4

Roscommon

10

Sligo

23

Tipperary

11

Waterford

17

Westmeath

15

Wexford

15

Wicklow

16

Overseas

12

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