Enterprise Ireland launches €750,000 fund for fintech start-ups
Enterprise Ireland has unveiled a new €750,000 “competitive start fund” for fintech and deep tech start-ups.
Applications will close for entries on 3 July
The fund is designed to enable recipient companies working in areas including fintech, proptech, artificial intelligence (AI), machine learning, augmented and virtual reality, the internet of things (IoT), blockchain and cloud, to reach technical and commercial milestones.
Ireland’s Minister of State for Financial Services, Michael D’Arcy says: “With Ireland being the fourth largest exporter of financial services in the world, developing and supporting the fintech sector is a national priority.”
He adds that the new fund is a “key action” of the Department of Finance’s IFS 2020 Action Plan.
According to Enda McDonnell, head of fintech for Enterprise Ireland, in 2016, its fintech companies generated €1 billion in revenue.
Applications for the new competitive start fund will open on 19 June and will close for entries on 3 July. You can apply here.
