€30m Regional Enterprise Development Fund

Fine Gael Senator, Tim Lombard, is encouraging Cork groups to apply for the new €30m Regional Enterprise Development Fund, which was launched by Minister for Business, Enterprise and Innovation, Heather Humphreys.

Senator Lombard said: “The Department of Business, Enterprise and Innovation is looking for innovative proposals 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 companies who are interested in applying to check their eligibility and apply to the fund.

“The Fund is already open for applications 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 Cork with an idea to start working on their application immediately.

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


19 April 2018

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