Thursday, 7 May 2015
Last updated 13 hours ago
Nov 22 2009 | 3:49pm ET
Ireland has launched the EUR 26 million ($40 million) Bank of Ireland Seed and Early Stage Equity Fund to invest in startup and early stage companies.
The fund will focus on export-orientated, high potential startups in the technology (including green technology), food and financial services sectors, in addition to supporting patent and patent-pending projects within Irish universities. It will be managed on behalf of Bank of Ireland and the other partners by Kernel Capital
This is the eighth new fund supported by the Irish government through Enterprise Ireland’s Seed and Venture Capital Program 2007-2012. It comprises an investment by Bank of Ireland of EUR 17 million ($25 million), EUR 8 million ($12 million) from Enterprise Ireland, and EUR 1 million ($1.5 million) by University of Limerick Foundation (ULF).
The new fund brings total assets under management by Kernel Capital and its Life Science associate firm Seroba Kernel to EUR 190 million ($283 million).
The Bank of Ireland Seed and Early Stage Equity Fund will make investments ranging from EUR 100,000 to EUR 500,000 ($150,000 to $550,000).
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Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…