Enterprise Ireland
Annual Report and Accounts 2007

Membership of the Board and Committees (continued)

• Homepage
• Chairman’s statement
• Chief Executive Officer’s report

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• Section 1
  Achieving export sales
• Section 2
  Industry-led research and innovation
• Section 3
  World class productivity and management development
• Section 4
  Starting and scaling companies
• Section 5
  Driving regional enterprise

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• Membership of the Board and Committees
• Organisation structure
• Corporate governance
• Financial statements
• Global office network

As at 1 May 2008

Seed and Venture Capital Funds Committee

Enterprise Ireland launched the Seed and Venture Capital Scheme 2007-2012 in mid-2006. The objectives of the scheme are to: further develop the Irish venture capital sector; provide risk capital to SMEs in the seed, start-up and development stages; leverage private and institutional investment; and develop commercially viable funds. The funding commitment is up to €175 million in commercially focused, private sector venture capital funds. Funding can be up to a maximum of 50% in any venture capital fund. The scheme is a competitive one.

• Niall O’Donnellan (Chairman)
  Divisional Manager
  Investment Services
  Enterprise Ireland
• Marie Bourke
  Manager
  Long Term Planning, Tax
  and Finance
  Forfás
• Brendan Flood
  Divisional Manager
  Entrepreneurship and
  Regional Development
  Enterprise Ireland
• Don Harrington
  Director Corporate Finance
  Goodbody Stockbrokers
• Des Keane
  Consultant
• Tony Haslam
  Consultant
• William O’Brien
  Department Manager
  Seed and Venture Capital Department
  Enterprise Ireland
• Ronnie Sheehan
  Principal Officer
  Department of Enterprise, Trade and Employment
• Ruth Lacey
  Secretary to the Seed and Venture Capital Funds Committee

The following members retired from the Seed and Venture Capital Committee in 2007/2008: Kevin Keating, Goodbody Stockbrokers, Gerry Moloney, Consultant, and Clare Dunne, Principal Officer, Department of Enterprise, Trade and Employment.