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Seed & Venture Capital Scheme

Seed & Venture Capital Scheme

Funds venture managers for Irish-focused seed and later-stage funds through Enterprise Ireland-backed capital commitments.

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About

The Seed & Venture Capital (SVC) Scheme 2025-2029 is Enterprise Ireland's fund-of-funds programme. The Minister for Enterprise, Trade & Employment announced a €250m allocation on 15 August 2024 to be committed over the lifetime of the scheme. The First Call (November 2024) seeks Expressions of Interest from venture fund managers for up to €100m across two stages: Seed Stage funds (where 50%+ of th…

What this grant funds

Enterprise Ireland's €250 million fund-of-funds programme anchoring state capital into Irish-focused seed and Series A venture funds run by professional fund managers over 2025–2029.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Multiple per year
Next deadlineiThe next date applications are due. Rolling means you can apply any time.—
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Equity
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.50%
Funding pooliThe total budget available across all awards in this round.€250M
Funding analytics

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Eligibility criteria

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Application process

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What you have to submit

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Last verified: 24 Jul 2026Source: www.enterprise-ireland.com