Enterprise Ireland’s Competitive Feasibility Fund for Agri-Business Closes Next Tuesday October 21st at 3pm.

During the Ploughing Championships Minister for Jobs, Enterprise and Innovation, Richard Bruton TD launched Enterprise Ireland’s €250K Competitive Feasibility Fund aimed at stimulating new start-ups in the agri-business sector. The closing date for applications to this fund is getting close, applications need to be submitted by next Tuesday 21st October 2014 at 3pm latest. This fund can provide up to €25,000 per project. Applications must be submitted online through the AgriFund website:- www.enterprise-ireland.com/agrifund

Denis Duggan from Enterprise Ireland urges interested parties and companies to apply. The fund is open to applications from individuals, early stage companies or prospective businesses operating in the agri-business sector including; machine design and manufacturing; fabrication, engineering and technical activities; life sciences products with application in the agri-sector; farm related software and related services; vet-pharma, animal health & chemical products.

The Competitive Feasibility Fund will support new start up companies or individual entrepreneurs to investigate the viability of a new significant growth oriented business or proposition in the agri-business sector. The funding will enable the promoters to reach firm conclusions regarding the project’s viability and strategies for developing and commercialising the innovative product or service on international markets.

Denis Duggan said: ‘I urge anyone with a concept or considering a new venture applicable to the Agri-Business sector to take this opportunity. The Competitive Feasibility Fund for Agri-Business forms a key part of the Government’s Action Plan for Jobs and is targeting specific sectors where Ireland has established strengths and supporting growth and expansion in those areas in order to create jobs. Agri-Business is one such sector – Ireland already has in place a world-class agri-business eco-system, which offers tremendous potential for new and exciting businesses to carve out opportunities for innovative products and services.’
Full details of the Fund including the Application Form are available on the Enterprise Ireland web site: www.enterprise-ireland.com/AgriFund

The closing date for applications is Tuesday 21 October 2014 by 3p.m.

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