DEVELOPMENT CAPITAL FUND MANAGEMENT DESIGNATED ACTIVITY COMPANY

Development Capital Fund Management Designated Activity Company is a Dublin-based development and growth-capital fund manager founded in 2013 by Andrew Bourg and Sinead Heaney. The firm provides Irish SMEs with €2-12 million of development capital to unlock or accelerate growth, particularly for businesses targeting export markets. Since 2014, its €75 million Development Capital Fund I has backed nine companies across the island, partnering closely with management teams to turn ambitious growth plans into reality.

The company distinguishes itself by offering more than just funding - it brings deep market knowledge, flexible investment structures (equity, quasi-equity or debt) and a minority-investor approach, typically taking a minority stake for a five-year term. Development Capital supports a range of strategies, from organic expansion and capacity upgrades to management buy-outs, buy-ins and shareholder restructurings. A strong focus on responsible investing underpins its work, with ESG considerations integrated at every stage of the investment process to create lasting value for both portfolio companies and investors.