Western Development Commission - aVenture Asset Manager Research
Location
Ballaghaderreen, County Roscommon, IE
Founded
1998
Western Development Commission is a government-backed venture capital firm focused on supporting businesses, community initiatives, social enterprises, and creative industries in Ireland's Western Region. Their investment fund aims to stimulate economic growth and development in the area, with a particular emphasis on scaling local businesses.
The firm has invested in notable companies such as Locker and Palliare, demonstrating their commitment to fostering innovation in the region. Western Development Commission offers more than just financial support, providing advisory services and actively promoting the Western Region as an attractive place to live and work through initiatives like their "More To Life" campaign and the Westernjobs.ie platform.
Western Development Commission - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies3
Current Portfolio Count3
Top Investment Stages
Series A2 (66.7%)
Pre-Seed1 (33.3%)
Stage Mix
Series A 67%Pre-Seed 33%
Concentration shown as share of disclosed investments by stage.