What is the Fund?

The Enterprise Stabilisation Fund aims to help companies sustain and develop their business during these difficult times. The funding is provided primarily through preference shares, repayable after five years and typically at 3% interest.

Eligible companies should be:

• in the manufacturing and/or internationally traded services sectors
• judged by Enterprise Ireland to have a sound, robust and sustainable business plan that is financially viable in the medium term
• able to demonstrate financial commitment/contribution of promoters, banks, other investors etc. to the business plan
• businesses who can increase their exports as the world economy improves
  
  Companies approved such preference shares support can also apply for grant-aid for research and development, and competitiveness projects under existing Enterprise Ireland support programmes.

For further informaiton visit www.enterprise-ireland.com  

Existing client companies should contact their Enterprise Ireland Development Advisor
Other companies should contact Willie O'Brien at 727 2000  Ext. 2673