£20,000 Funding Opportunity for Entrepreneurs in the Mid West and South West Regions.
Techstart Ventures, a leading early-stage investor, has announced a new collaboration with The Workhouse in Enniskillen to launch the ‘InnovateWest Initiative’ Proof of Concept Grant Competition, with a prize fund of £20,000. The competition, launched on Thursday, October 24th, 2024, is designed exclusively for entrepreneurs based in the Mid West and South West areas of Northern Ireland, providing them with vital funding to explore and develop their innovative business ideas.
Techstart manages funds from Invest Northern Ireland’s Access to Finance suite of funds
The InnovateWest Initiative marks an important step in Techstart’s ongoing efforts to foster entrepreneurship across the region, opening up new avenues of support beyond Greater Belfast. The grant competition is an opportunity for local founders with an innovative concept to secure financial backing and expert guidance.
Kate McGrath, Business Manager at The Workhouse, expressed her excitement about the collaboration, stating, “We are delighted to partner with Techstart Ventures on the ‘InnovateWest Initiative,’ which offers local entrepreneurs the opportunity to take their business ideas to the next level. Supporting innovation in the region is at the core of what we do, and this partnership aligns perfectly with our mission.”
Josh Corry, Investment Analyst at Techstart Ventures, shared his enthusiasm for expanding the initiative, noting, “This is a fantastic opportunity for entrepreneurs outside of Greater Belfast. We are excited to bring the ‘InnovateWest Initiative’ to the Mid West and South West regions of Northern Ireland.. We believe that great ideas exist everywhere, and this collaboration will help unlock the potential of innovators from these regions.”
The ‘InnovateWest Initiative’ Proof of Concept Grant Competition, funded by Techstart Ventures, aims to empower local entrepreneurs by providing the financial resources necessary to test the commercial viability of their innovative business ideas.
For more information on the competition, including eligibility and how to apply, please visit www.techstartgrants.com
