18 start-ups supported by Enterprise Ireland were approved for investment funding totalling €3.55m in November 2024.
The investment secured by these companies includes equity investment up to the value of €400K as part of Enterprise Ireland’s High Potential Start-Up programme.
It also includes funding up to the value of €100k from the Pre-Seed Start Fund (PSSF).
In total, 11 start-ups were approved investment as part of the HPSU programme and seven were approved for receipt of the PSSF.
Enterprise Ireland supports high potential start-ups on their journey to international growth, offering an ecosystem of funding and support for expansion into global markets.
A HPSU is considered a fast-growing export led company, typically with the potential to deliver at least 10 jobs and €1m in sales within three years of investment.
The Pre-Seed Start Fund (PSSF) supports the critical early stage needs of a new start-up to the value of €100,000 in the form of a convertible loan …