New funding under Enterprise Ireland’s Enterprise Centres Fund will prove crucial to 95 hubs that are embedded in communities in every county in Ireland.

Ninety-five enterprise centres and hubs around Ireland are to share €8.24m in grants under Enterprsie Ireland’s new Enterprise Centres Fund.

This funding will be crucial as the centres continue to offer services to local businesses during what is an exceptionally difficult time. It will help the Centres implement a recovery plan for businesses within their remit over the next six to twelve months.

“The funding will ensure that the Enterprise Centres, many of whom have been negatively impacted by Covid-19, can sustain their businesses”

Enterprise centres are embedded in communities in every county in Ireland, providing remote working space for businesses and facilities and training for entrepreneurs.

At the heart of Irish enterprise 

“Over the past 20 years, Enterprise Centres have provided important infrastructure for entrepreneurs and are an essential part of the start-up ecosystem across Ireland,” said Enterprise Ireland CEO Julie Sinnamon.

“The Centres, many of which are regionally based, provide space, connectivity, mentoring and support to start-up founders and teams, helping them to scale internationally.

“The funding announced today through Enterprise Ireland will ensure that the Enterprise Centres, many of whom have been negatively impacted by Covid-19, can sustain their businesses, pivot and further develop their services to support the next wave of Irish start-up companies.”

The Fund, which was launched in August, was open to both not-for-profit and for-profit enterprise centres which have seen their income significantly impacted as a result of the Covid-19 pandemic.

The 95 enterprise centres, which are in every region of the country, will receive grants ranging from €10,000 to €150,000.

“I am really pleased to make this funding available through by Department,” said The Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar, TD.

“It will help enterprise centres all over the country to modernise their facilities protecting the health and safety of people who work there and helping to secure much needed jobs.”

By John Kennedy (john.kennedy3@boi.com)

Published: 19 November, 2020

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