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€8.24m in funding announced for Enterprise Centres

A total of €8.24m in grants has been announced for 95 Enterprise
Centres around the country under Enterprise Ireland’s Enterprise Centres
Fund. 

Enterprise Centres are embedded in communities in every county in the country and provide space and training for entrepreneurs.

This allows them to work remotely, access training and advice and network with other business leaders.

The new funding will be crucial as the centres continue to offer
services to local businesses during what is an exceptionally difficult
time amid the Covid-19 crisis.

It will help the centres implement a recovery plan for businesses within their remit over the next six to 12 months.  

The Enterprise Centres Fund was launched in August and is 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 will receive grants ranging from €10,000 to €150,000.

The Tánaiste and Minister for Enterprise, Trade and Employment Leo
Varadkar said the new funding 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.

Julie Sinnamon, CEO of Enterprise Ireland, said that 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. 

“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,” Ms Sinnamon said.

“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,” she
added.

Article Source: €8.24m in funding announced for Enterprise Centres – RTE

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