Job Creation : The Irish Innovation Fund

Yesterday Brian Cowen launched the Innovation Fund, a €500 million startup investment fund, which will be seeded by the state and US venture capitalists (50/50 split). While the academic response was somewhat muted – Karl Whelan on Irish Economy was underwhelmed by the size of the fund. Entreprenuer, and founder of Iona Technologies, Chris Horn was very impressed. Seeing this as important as the seismic shift in the 1950’s when Ireland opened up to FDI – I have been slightly …

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