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New Funding For Agri-Business Start-Ups

Published on Aug 16 2016 10:06 AM

New Funding For Agri-Business Start-Ups

Agri-business entrepreneurs have been invited to apply for up to €25,000 in support from the Enterprise Ireland Competitive Feasibility Fund.

Launched by Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor TD on 15 August, the Fund aims to help businesses assess the viability and market potential of their ideas, particularly those that are likely to achieve significant growth within three to four years, with sales of €1m+ per annum and employment of 10 or more.

The fund is open to applications from individuals, early stage companies, and prospective businesses operating in the agri-business sector, including: food companies with export potential; machine design and manufacturing; fabrication; engineering and technical activities; life sciences products with application in the agri-sector; farm-related software and similar services; vet-pharma; animal health and chemical products.

Denis Duggan, CFF programme manager, Enterprise Ireland said: “Ireland has a world-class agri-business eco system, which offers tremendous potential for entrepreneurs and existing businesses to carve out opportunities for innovative products and services… With this €200k Competitive Feasibility Fund, we aim to support the next generation of Irish agri-businesses that can grow to compete in export markets, creating valuable jobs here into the future”.

Closing date for applications is Tuesday 6th September 2016. Full details of the fund, including application form, are available at: www.enterprise-ireland.com/AgriFund

© 2016 - Checkout Magazine by Ingmar Kiang

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