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Fri 12 Dec 2008Venture capital funds worth €500m in recovery plan
THE GOVERNMENT has launched a recovery plan designed to boost the economy by attracting cutting-edge business ventures into the State. The Opposition dismissed the initiative, saying it did nothing to tackle the worsening economic crisis.
The key element in Building Ireland's Smart Economy: A Framework for Sustainable Economic Renewalis the establishment of venture capital funds worth €500 million designed to lure innovative industries and boost research and development.
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