WDC Investment Fund approved €7 million across the region in 2019

first_img Derry draw with Pats: Higgins & Thomson Reaction Pinterest Journey home will be easier – Paul Hegarty The Western Development Commission says its investments have leveraged an additional €250m for portfolio companies, with a realised acquisition value of over €500 million.The Commission has confirmed it has approved investments of almost €7 million across the region in 2019, supporting 44 businesses and community projects in Donegal, Sligo, Leitrim, Roscommon, Mayo, Galway and Clare.The investments approved are across a wide range of high-tech sectors from artificial intelligence, fintech, medical devices, ICT as well as more traditional sectors such as food and tourism.In Donegal, the fund supported Cerebreon Technologies, an enterprise software solution which uses image recognition technology and artificially intelligent algorithms to more accurately and efficiently carry out financial and administrative processes.The fund has also approved bridging finance for Drumhome Heritage Society which promotes the development of local heritage sites which will enable locals and tourists alike explore the sites such as the Drumhome monastic site, the Ballymagroarty monastic site and McGonigles fort.CEO of Western Development Commission Tomas O’ Siochan says this will help support businesses within the region.Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2019/12/Tomas.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Harps come back to win in Waterford Pinterest FT Report: Derry City 2 St Pats 2 Previous articleWoman in her 20s dies following collision at Drumfad LowerNext articleHouse Acquisition Programme continues with Donegal County Council News Highland Twitter Facebook By News Highland – December 28, 2019 News, Sport and Obituaries on Monday May 24thcenter_img WhatsApp WhatsApp AudioHomepage BannerNews Facebook RELATED ARTICLESMORE FROM AUTHOR Google+ Twitter WDC Investment Fund approved €7 million across the region in 2019 Google+ DL Debate – 24/05/21 last_img read more