AIB Seed and Early Stage Equity Fund expanded by €23 million to €53 million
Dec 16th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Tánaiste and Minister for Enterprise, Trade and Employment, Mary Coughlan, today launched a new €23 million expansion of the AIB Seed Capital Fund. The €23m expansion will bring the total fund size to €53 million and will target investments in start up and early stage businesses with a particular focus on technology, financial services, clean and green sectors, and also businesses in the medical devices sectors. AIB and Enterprise Ireland are joint partners in the new €23m fund expansion, contributing €15m and €8m respectively.