The Western Development Commission has established a dedicated micro-loan fund for the Creative Industries Sector.
This €1m “Access to Finance” initiative for the Creative Industries Sector will make loans available ranging from €5,000 to €25,000 over 1 to 5 years at the EU reference rate for unsecured lending. The micro-loan fund will operate on a competitive basis with bi-annual calls for applications. The first “Call for Applications” opens on Friday, 29th June, 2012 and closes on Friday, 31st August, 2012 at 4pm.
It is open to all businesses, both start-up and existing, in the Creative Industries Sector and includes the following sub-sectors:
• Art/Antiques trade
• Digital media
• Internet and software
• Music, visual and performing arts
• Radio and TV broadcasting
• Video, film and photography
If you feel that this type of funding will help grow your business, and you have the capacity to repay the loan, then you may be interested in applying for a micro-loan.
More information is available, and an Application Form can be downloaded, on www.wdc.ie/microfundci.
The Western Development Commission will be holding a series of Briefing Workshops throughout the region if you wish to find out more about the initiative – see schedule below.
|Monday, 9th July||10am–12pm||The Dock, St. George’s Tce., Carrick-on-Shannon, Co. Leitrim|
|Monday, 9th July||2pm – 4pm||Roscommon Library, Roscommon Town|
|Tuesday, 10th July||10am – 12pm||Cairnes Building, CA110 SAC Meeting Room, NUI, Galway link|
|Tuesday, 10th July||2pm – 4pm||Glór Theatre, Causeway Link, Ennis, Co. Clare|
|Wednesday, 11th July||11am – 1pm||The Model Arts Centre, The Mall, Sligo|
|Thursday, 12th July||11am – 1pm||The Training Centre at Mayo County Council, The Mall, Castlebar, Co. Mayo|
|Monday, 16th July||12pm – 2pm||An Grianan Theatre, Port Road, Letterkenny, Co. Donegal|