Irish leader launches $700 million venture capital fund

Irish Prime Minister  Brian Cowen will launch a $700 million venture capital fund plan aimed at making Ireland the “innovation hub” of Europe.

Cowen is set to outline details at a meeting with business leaders at the New York Stock Exchange on Monday.

Cowen stated  the scheme will commence in September, with the government investing $350 million over five years and the rest coming from private investors.

To read the full, original article click on this link: Irish leader launches $700 million venture capital fund | Irish News | IrishCentral

Author: PATRICK COOPER