€48 million invested in start-ups by Enterprise Ireland in 2020 Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar TD has
announced that Enterprise Ireland invested more than €48 million (the highest level
of funding to date) towards Irish start-ups in 2020, supporting a total of 125 new
start-up companies.
Investment was provided through Enterprise Ireland’s High Potential Start-Up (HPSU) and Competitive Start Fund (CSF) programmes.
The Covid-19 Sustaining Enterprise Fund and an increase in follow-on investments to help HPSUs scale internationally boosted investment in innovative High Potential Start-Ups in 2020.
Leo Varadkar, Tánaiste and Minister for Enterprise, Trade and Employment said: “I have nothing but admiration for the many entrepreneurs across the country who have been brave enough to start up new businesses during the pandemic. It’s been an incredibly difficult year. I have seen countless examples all across the country
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