Dáil Éireann Debate, Tuesday - 17 November 2020
168. Deputy Brendan Griffin asked the Tánaiste and Minister for Enterprise, Trade and Employment if a company (details supplied) in County Kerry has been successful in receiving grant aid from Enterprise Ireland under high-potential start-up, HPSU, funding to create new jobs; and if he will make a statement on the matter. [36967/20]
View answerEnterprise Ireland has been engaging with the company in question since 2016, and to date, the agency has paid the company €65,350 in financial support. As part of this engagement the company was also successful in its application for Competitive Start Funding from Enterprise Ireland. Under the Competitive Start Fund, the company received a €50,000 equity investment which is designed to accelerate the development of the company as a high potential start-up. This will support the company to achieve commercial and technical milestones such as evaluating international market opportunities and leverage private investment funds.
