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Tue 07 Jul 2010Cowen bids to drum up business in New York
TAOISEACH BRIAN Cowen tried to sell Ireland’s new Innovation Fund in the temple of American capitalism, the New York Stock Exchange, yesterday.
Over the next five years, the National Pension Reserve Fund (NPRF) and Enterprise Ireland are to provide €250 million for the scheme, which is intended to lure venture capital to Ireland. Venture capitalists are to provide the other €250 million.
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