Now in its second year, the fund provides €50,000 in equity for each successful applicant with the capability to succeed in a global market.

Anne Lanigan, manager of high potential startups at Enterprise Ireland, said: “Agri-engineering is worth €250m in exports to the Irish economy and this fund is seeking to encourage and support the next generation of engineering and manufacturing companies coming through in the agriculture sector.”

“The competitive start fund is part of Enterprise Ireland’s strategy for increasing the number and quality of high potential startup companies that have the potential to employ more than 10 and achieve €1m in export sales within three years,” she added.

The fund is open to applications from various areas including machine design and manufacturing, fabrication, engineering and technical activities, life science products and farm-related software.

Applications for submissions open on Wednesday 21 September and close at 3pm on Wednesday 5 October.

More details about the fund are availablehere

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http://www.farmersjournal.ie/new-200-000-fund-for-agribusiness-startups-220333 New €200,000 fund for agribusiness startups