Limerick Senator encouraging Limerick groups to apply for new €30m fund

Limerick Senator Kieran O'Donnell

Limerick Senator Kieran O’Donnell is encouraging Limerick groups to apply for the new €30m Regional Enterprise Development Fund.

The Regional Enterprise Development Fund was launched by the Minister for Business, Enterprise and Innovation, Heather Humphreys.

Senator O’Donnell said: “The Department of Business, Enterprise and Innovation is looking for innovative initiatives that are based on collaboration. They want to see groups in both the public and private sectors working together to build on our regional strengths.

“Categories include ‘Major Regional Change Projects’, ‘Regionally Significant Change Projects’, ‘Local and Community Enterprise Development Initiatives’ and ‘Industry Clusters’.

“I strongly encourage all eligible companies who are interested in applying to check their eligibility and apply to the fund.

“The Fund is being administered for the Government through Enterprise Ireland and you can find out more at www.enterprise-ireland.com.

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“The Fund is open for applications from now, and closes on 27th June 2018. Each region will secure a minimum of €2 million once projects meet the necessary standards.

“Regional jobs are a big priority for the Government, which is why it has developed this Fund as part of the strategy to boost growth in rural Ireland.

“The June deadline may seem like a long way off, but the process is highly competitive so I would urge anyone in Limerick with an idea to start working on their application immediately.” Senator O’Donnell concluded.

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