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Thurles Company To Benefit From Competitive Start Fund

Good news for Thurles today as North Tipperary TD Noel Coonan welcomes the announcement of funding to NeverMind Games Ltd, Thurles, under the Enterprise Ireland Competitive Start Fund. This new Thurles enterprise, situated in the Thurles Chamber Enterprise Centre, on the LIT Tipperary Campus, Thurles, is one of 30 successful companies recently awarded funding.

The Competitive Start Fund provides young companies with the critical early stage funding to test the market for their products and services and progress their business plans for the global marketplace.

Deputy Noel Coonan

Deputy Noel Coonan

The local Fine Gael TD stated: “This brings to 60 the number of innovative early stage start-ups supported under this fund in 2012. Access to early stage funding is vital for Tipperary’s community of entrepreneurs and we are working to nurture their ideas and enterprises. NeverMind Games Ltd is an innovative video game development studio based in Thurles and the entrepreneurs involved in the initiative have been rewarded for their creativity in this sector.Over the past year we in Government have developed a series of new finance instruments, including the Micro Finance Scheme, the Credit Guarantee Scheme, the €700million Seed and Venture Capital Scheme and the €850million NPRF funds.”

In announcing the news Deputy Coonan today also urged companies to apply for the first round of the 2013 fund, which is currently seeking applications.

“Fifteen companies are expected to benefit under this round, with a total of €750,000 available for investment. The closing date for applicants is Wednesday 23 January at 3pm.  This call is open to start-ups from both ICT and Industrial sectors including sub-sectors such as Internet, Games, Apps, Mobile, SaaS, Cloud Computing, Enterprise Software, Life-sciences, Cleantech and Industrial Products,” concluded Deputy Coonan.

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