Sunday, July 1, 2012

Micro Loan Finance from the Western Development Commission


The WDC has developed the WDC Micro-Loan Fund: Creative Industries.

If you are based in the Western Region and are having trouble accessing funds, there is a new micro-loan available from The Western Development Commission (WDC) 

"The Western Development Commission (WDC) is a statutory body that was set up to promote both social and economic development in the Western Region (Donegal, Leitrim, Sligo, Mayo, Roscommon, Galway and Clare).

The WDC Micro-Loan Fund: Creative Industries is a pilot initiative of the WDC, allocating €1,000,000 over a three year period from the Western Investment Revolved Fund to the creative industries sector.

The Micro-Loan Fund will operate on a competitive ‘Call for Applications’ basis with two calls per annum. The first call opens on June 29th 2012 with a closing date for applications of Friday, 31st August, 2012 at 4 pm."

For future calls, please check our website www.wdc.ie/microfundci.

 The following 12 creative industries make up the creative sector. Businesses from these sectors are eligible to apply:
  • Advertising
  • Architecture
  • Art/Antiques trade
  • Crafts
  • Design
  • Digital media
  • Fashion
  • Internet and software
  • Music, visual and performing arts
  • Publishing
  • Radio and TV broadcasting
  • Video, film and photography
For more information visit http://www.wdc.ie/microfundci/

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