The WDC Investment Fund fulfils a distinctive role in funding businesses, community initiatives and ‘ flagship ’ projects in the Western Region. It invests directly in sustainable projects, many of which may be experiencing a funding gap. The WDC seeks a financial return on its investments, together with a social dividend such as enchancing quality of life and the provision of employment.
Operated by the WDC, the unique €34 million exchequer-supported fund aims to provide seed and venture capital or loans to projects under two sub-funds:
* Business Investment Fund
* Local Investment Fund
Investments are made on a commercial basis by way of ordinary share capital, preference share capital, and loans, or a combination of these mechanisms. The WDC does not provide grant aid.
| Company | Date | Round | Size | Participants |
| nooked | 8/08 | Seed | €1M | 2 |
| Tunepresto | 1/07 | Series A | €200k | 2 |
