MedTech Accelerator Fund
The Medical Technology sector is now one of the top performing sectors in the Irish economy. At Bank of Ireland we understand the financial challenges that developing Med Tech companies can face. That's why we've established the €10m MedTech Accelerator Fund, which is managed by Kernel Capital on behalf of Bank of Ireland.
Who is eligible?
Bank of Ireland's €10m MedTech Accelerator Fund is Ireland's first Seed Fund to focus exclusively on the indigenous Medical Technology sector. With investments ranging from €100,000 to €500,000, the Fund is focused on export orientated high potential start-up Life Sciences companies that operate in one of the following sectors:
- Medical Devices
- Diagnostics
- Medical / Laboratory
So, if you're looking to expand or develop your business activities, want to introduce innovations or new technologies into your company, or are seeking to fund R&D or acquire a new technology and have the potential to export, then this fund could be the financial support you're looking for*.
How do I apply?
Our MedTech Accelerator Fund will be managed on behalf of Bank of Ireland by Kernel Capital who have been appointed Investment Managers. If you would like to know more about the Fund and how to apply, then please visit the Kernel Capital website at www.kernelcapital.ie, contact:
Orla Rimmington
Operations Director
Kernel Capital
Rubicon Centre, Rossa Avenue
Bishopstown, Cork
Tel: +353 (0)21 4928974
Fax: +353 (0)21 4928977
Email: boi_seedfund@kernelcapital.ie
Web: www.kernelcapital.ie/investment/seedfund.html
or talk to your local Bank of Ireland business adviser today.
*Investments will only be made in entities carrying on business in the Republic of Ireland that have potential to export. Investments will not be made if the proceeds of the investment would be used to re-finance existing debts of the business. Lending criteria, terms and conditions apply.