The new Innovation Equity Fund, announced in last October's budget, will invest in early-stage companies with potential to grow and scale up."One of my three priorities as Minister for Enterprise, Trade and Employment is to get to the point where we’ve 2.5 million people at work in Ireland by 2024, which would be the highest level of employment we've ever had in the country," said Mr Varadkar.
The fund will target sectors such as fintech, healthcare and pharma, food and agri-tech, life sciences and technology and digitalisation that have experienced trouble in the past in attracting early stage investment. Priority will be given to investments that support regional development, climate change and female entrepreneurship.
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