Tullamore information session on €60m enterprise fund

26th June 2017

ON this Friday, 23 June a regional information session will be hosted by Enterprise Ireland for those interested in obtaining further information, and those who may be interested in submitting applications under the new Regional Enterprise Development Fund.

The event will take place at the Tullamore Court Hotel, from 10.30 am - 12.30 pm. Booking is not required.

The competitive funding has been provided by the Department of Jobs, through Enterprise Ireland and is a key action to support the Regional Action Plan for Jobs and the Action Plan for Rural Development. The Fund is aimed at accelerating economic recovery in every part of the country by delivering on the potential of local and regional enterprise strengths. The Fund will support significant collaborative regional initiatives to build on specific industry sectoral strengths and improve enterprise capability, thereby driving job creation.

Under a competitive process, Enterprise Ireland is now seeking applications for funding under four streams with varying investment levels:

Major Change Projects - €2m up to €5m per project

Regionally Significant Projects - €250,000 up to €2m per project

Local & Community Enterprise Development Projects - €50,000

up to €250,000 per project

Industry Clusters - €50,000 up to €250,000 per project

Details of the competitive process are available on Enterprise Ireland’s website www.enterprise-ireland.com/REDF.

The closing date for the first call for Streams 1,2,3 and 4 is 3pm Friday 18th August 2017.