Kernel capital investment – photo of Kernel Capital with President Michael D. Higgins team

On 4th May 2018, President Michael D. Higgins and Sabrina Higgins hosted a reception to celebrate Female Entrepreneurship, Innovation, Creativity and the Sustainable Economy at Áras an Uachtaráin. The President and his wife acknowledged female entrepreneurs along with individuals and organisations who are working to foster and support female entrepreneurship across Ireland. 

In his speech, President Michael D. Higgins noted that“a society that does not support and encourage female entrepreneurs is a society that denies itself a vast pool of talent, creativity and innovation.”

“At Kernel Capital we do not back a company because it has a female founder or CEO, but we know from experience that female founders and CEOs can create and run great businesses,”Orla Rimmington, Partner Kernel Capital.

Kernel Capital has a proactive approach to funding female entrepreneurship enabled by the fact that three of the six partners in the firm are female. 

About Kernel Capital 

Kernel Capital is an independent manager of the Bank of Ireland Kernel Capital Venture Funds, comprising of £165m / €210m of funds raised through six separate venture capital funds in the years 2002, 2006, 2007, 2009, 2013 and 2015. These Funds are supported by Bank of Ireland, Invest NI, Enterprise Ireland, University of Limerick Foundation, NUI Galway Foundation and New York State Common Retirement Fund. Kernel Capital is actively investing through the Bank of Ireland Kernel Capital Growth Funds targeting deal size for Kernel Capital’s element in the region £0.5m to £2m in NI and of €1m to €5m in the ROI, either as sole investor or larger deal size in syndication. These 10 year Growth Funds were raised in 2013 and 2015 and invest in Northern Ireland and the Republic of Ireland respectively. Invest NI’s investment in the Bank of Ireland Kernel Capital Growth Fund is part financed by the European Regional Development Fund under the EU Investment for Growth and Jobs Programme 2014-2020. Kernel Capital is a MiFID regulated firm.