Too much red tape for start ups applying for Government supports

In the words of the great Swedish philosophers Benny & Bjorn: Money money money is a major problem for Irish start-ups according to a new survey of them by Scale Ireland. Traditional banks won't lend to such high-risk entities and venture capitalists are in more of a Risk Off mood in this high inflation and high-interest rates environment. Last week the start-up sector told the visiting Taoiseach at its get-together in Galway that there is simply too much red tape to apply for Government supports Martina Fitzgerald Chief executive of Scale Ireland joined Joe this morning.

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