Ireland to invest €1.1 billion in startup accelerator to help boost entrepreneurship

Launched in January, the Innovation Fund for Entrepreneurs and Social Entrepreneurs will be launched this week to help startups with funding, according to the Minister for Entrepreneurial Development, Simon Coveney.

“We want to help the entrepreneurs and social entrepreneurs in Ireland to grow,” Mr Covené said.

“What I am particularly looking forward to is the development of the Startup Fund to support the development and growth of entrepreneurs in this country.”

If the startups can grow their business and grow their product, we will all benefit,” he said.

Mr Covene also announced a number of other initiatives for the start-up sector, including a pilot project in the new city of Derry and the establishment of a regional incubator in Louth.”

This is about putting a foot on the accelerator track for the entrepreneurs in Northern Ireland,” Mr Kavanagh said.