JPA

€3M. Extra Funding for Micro Firms

29th October 2009

“Micro Enterprises” in Ireland could be given access to more than €3 million in additional funding under the Competitiveness and Innovation Framework Programme. This follows the signing of a guarantee agreement between the European Investment Fund, Europe’s main finance support organisation for small and medium enterprises and First-Step Microfinance, a private not-for-profit institution that provides interest-bearing loans of up to €25,000 over a three year period. More information on these funds can be had from www.first-step.ie.

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