Going Global Fund first call for 2012 open for applications

This competitive fund is focused on locally traded companies that have concluded business in the Irish market and are looking to grow business internationally. It has supported more than 220 companies since it was introduced in 2008.

Marina Donohoe, manager, Business & Consumer Services, Enterprise Ireland highlights some success stories to date: “There was a plc company with limited engagement in overseas markets, which through the fund scoped out Eastern Europe and secured business in that region within a year.

“There was also a digital company which used the funding to do a competitive analysis in Europe. Following that it was able to position itself successfully with a large global brand and secured a significant contract with them.”

O’Donohue explains that the fund spans all sectors, but so far mainly services companies have availed of it.

To qualify companies have to employ 10 or more staff and have turnover in excess of €1m a year.

It is open to both existing and potential Enterprise Ireland clients. To encourage new companies, Enterprise Ireland excludes those which have received more than €50k in funding over the past five years.

You can apply or find out more about the Going Global Fund here.