The EIIS (Employment and Investment Incentive Scheme) Innovation Fund is raising €8 million to invest in between five and six Irish businesses. Managed by boutique investment firm Quintas Capital, the fund is targeting companies within the social infrastructure category such as renewable energy, childcare and healthcare. Kevin Canning, managing director of Quintas Capital and investment director at the EIIS Innovation Fund, said the fund was ready to make its first investment in Zenith Childcare, a new creche group set up by two experienced founders. He said the fund had a strong pipeline of additional investments across Ireland. “We’re closing the…
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