Coonan welcomes funding for female entrepreneurs

Fine Gael TD Noel Coonan
Deputy Noel Coonan has welcomed the announcement of 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.

Deputy Noel Coonan has welcomed the announcement of 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.

The news was announced by Deputy Coonan’s Fine Gael colleague and Minister for Jobs, Enterprise and Innovation, M Richard Bruton. 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.

Deputy Coonan said the fund will be open for applications until Tuesday, September 10. The funding call is open to female-led start-ups in manufacturing and internationally traded services, including internet, games, apps, cloud computing, enterprise software, lifesciences, 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.

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