Start up and Emerging Sectors Equity Fund
Please note: This is not regulated by the Central Bank of Ireland.
Dedicated fund for Start-Up and Emerging Sectors
At Bank of Ireland we understand the financial challenges that developing businesses can face at a start-up or early stage. That’s why we’ve established the Start-Up and Emerging Sectors Equity Fund. Managed by Delta Partners on behalf of Bank of Ireland, our €17m fund has been created to support Irish start-up or early stage businesses.
Who is eligible?
The Start-Up and Emerging Sectors Equity Fund seeks to make investments of between €100,000 and €500,000 to high potential start-up companies that have an innovative idea, have the potential to export, and are operating in one of the following sectors: greentech/cleantech, life sciences, medical devices, ICT, software, internet, emerging technologies, R&D and trading companies.
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*.
*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.
How do I apply?
The Start-Up and Emerging Sectors Equity Fund is being managed on behalf of Bank of Ireland by Delta Partners who have been appointed Investment Managers. If you would like to know more about the fund and how to apply, then please visit the Delta Partners website at http://www.delta.ie
Contact:
Delta Partners
Media House
South County Business Park
Leopardstown
Dublin 18
Tel: +353 (0)1 2940870
Fax: +353 (0)1 2940877
Email: seedfund@deltapartners.com
or talk to your local Bank of Ireland business adviser today
Is there any other funding available to me?
Seed and Early Stage Equity Fund
Managed by Kernel Capital on behalf of Bank of Ireland, and with a fund value of €26m, our Seed and Early Stage Equity Fund has been created to support Irish companies that are at their early and growth stages.
€250m Business Support Fund
Bank of Ireland’s Business Support Fund is available to a wide range of established small businesses and offers loans from €20k, which can be tailored for your business’ needs.
€100m Green Fund
Bank of Ireland’s innovative Green Business loan is available to businesses looking for finance to fund green projects that will help the environment and improve your bottom line. Green projects may include making environmental improvements to your premises, such as installing a solar energy system, or extending or launching a service or product range.
For further information on any of the funds mentioned above, talk to your local business adviser.