Too much red tape for start ups applying for Government supports

Breakfast Business with Joe Lynam

Presented by Newstalk's Business Editor Joe Lynam, this 30-minute programme focuses on the key business stories from home and abroad, market analysis, new business innovations and profile interviews. Listen and subscribe to Breakfast Business with Joe Lynam on Apple Podcasts and Spotify. Download, listen and subscribe on the Newstalk App. You can also listen to Newstalk live on newstalk.com or on Alexa, by and asking: 'Alexa, play Newstalk'

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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Too much red tape for start ups applying for Government supports