The Irish government-backed [URL=http://www.enterprise-ireland.com/]Enterprise Ireland[/URL] organization has announced the launch of a €500,000 fund designed to assist technology-driven start up companies get off the ground.

The Internet and Games Competitive Start Fund will help provide “critical early stage funding,” and will be introduced on a pilot basis to 10 operatives in the Internet and Games sector, each of whom will receive “an equity investment of €50,000 for a 10% ordinary equity stake.”

Each start up will also benefit from being assigned an “an experienced business mentor.”

Frank Ryan, Chief Executive Officer of Enterprise Ireland, added: [URL=http://www.gamepolitics.com/2010/12/02/irish-game-startups-see-some-green][B][COLOR=#8e0505]Read More[/COLOR][/B][/URL]

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