Home Knowledge In Short: €500 Million “Smart” Innovation Fund

In Short: €500 Million "Smart" Innovation Fund

The Irish Government has recently launched “Innovation Fund Ireland”, a €500 million fund which aims to:

  • Increase the availability of smart risk capital for early stage and high-growth companies
  • Attract additional top-tier venture capital fund managers to Ireland
  • Attract, leverage and develop entrepreneurial talent

The Innovation Fund highlights the Irish Government’s continuing commitment to further develop Ireland as a Global Innovation Hub. The provision of ‘smart capital’ to support vibrant companies is a crucial pillar of Ireland’s Smart Economy.