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EI scheme to help 10 gaming firms

Gaming sector - EI to tale 10% stake in firms
Gaming sector - EI to tale 10% stake in firms

Ten companies have been awarded funding under an Enterprise Ireland scheme designed to help companies in the internet and gaming sector.

Minister for Jobs, Enterprise & Innovation Richard Bruton made the announcement after meeting the companies to discuss their plans.

Enterprise Ireland said the successful firms, drawn from more than 120 applicants, had shown a strong potential to trade their business internationally.

The agency set up as a way of providing support for very early stage companies at a critical period. Each of the ten companies receives an equity investment of €50,000 in return for a 10% stake. They will also be allocated 'an experienced business mentor' to help them to develop their business.

The companies receiving the funding are:

Redwind Software Providers, Dublin

ByteSurgery Ltd (Decisions For Heroes), Dublin

Cellplay Networks, Dublin

Tribal City Interactive, Galway

Jlizard Ltd, Dublin, Dublin

Plendi Ltd, Dublin

Scurri Web Services, Waterford

Calom Technologies, Dublin

Franklyweb Ltd, Donegal

UnitedWeSave Ltd, Kerry