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Micro-Loan Fund for the Creative Industries- Closing Date Fast Approaching

5th Mar 2013 The Western Development Commission has established a dedicated micro-loan fund on a pilot basis for the Creative Industries Sector.

This €1m "Access to Finance" initiative for the Creative Industries Sector will make loans available ranging from €5,000 to €25,000 over 1 to 5 years at the EU reference rate for unsecured lending.   The micro-loan fund will operate on a competitive basis with quarterly calls for applications.  Applications will be accepted from the first working day to the last working day of each quarter, i.e. the last working day of March, June, September and December.

Q1 2013 Call for Applications closes on the last working day of March 2013. 

The Micro-loan Fund is open to all businesses, both start-up and existing, in the Creative Industries Sector and includes the following sub-sectors: -

Art/Antiques trade
Digital media
Internet and software
Music, visual and performing arts
Radio and TV broadcasting
Video, film and photography

If you feel that this type of funding will help grow your business, and you have the capacity to repay the loan, then you may be interested in applying for a micro-loan.

More information is available, and an Application Form can be downloaded, on www.wdc.ie/microfundci
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