Waterford City Enterprise Board Ltd., was established in October 1993 by the then Minister for Enterprise, Trade and employment. The key objectives set for the Enterprise Board was to influence the employment opportunities within the city of Waterford by:

• Developing an Enterprise Action Plan
• The creation of local enterprise awareness and thus developing an enterprise culture
• Providing financial assistance to individuals and local community groups to assist commercially viable small enterprise projects
• Influencing the allocation of resources for small enterprises from EU, private and public funding sources.

The activities of the Board are confined to projects where the capital
investment does not exceed €126,974 and employment
does not exceed 10 persons. The Board may assist both start-up
and business expansion projects in the manufacturing, craft, tourism,
food and service sectors.