Consequently, entrepreneurs do not have to comply with regular payments to the investor, instead, the investor participates in the gains when they occur and has losses when the business performs badly. For example, Ireland's Competitive Start Fund for Female Entrepreneurs programme provides equity investment to women entrepreneurs to support costs associated with developing the business plan and making progress on key technical and commercial milestones, including salaries, travel expenses and consultancy fees. Successful applicants receive an equity investment of up to EUR 50 000 from Enterprise Ireland for a 10% shareholding in the company. Another example is in Sweden, where the government created a state-owned venture capital company to support firms in the country’s northern regions with growth potential but facing difficulties in accessing finance due to their peripheral location (Inlandsinnovation AB, currently being integrated under the national development company Saminvest AB).