Skip to content

Latest commit

 

History

History
24 lines (11 loc) · 4.43 KB

enterprise-ireland-continued.md

File metadata and controls

24 lines (11 loc) · 4.43 KB
Raw

  1. HPSU Feasibility Grant Max of €15,000.00 – 50% of spend Used to support the development of an innovative/high potential start-up and the development of an Investor Ready Business Plan. Eligible costs include; Salaries and Overheads, Consultancy Fees, Foreign Travel and Subsistence, EI approved Business Accelerator Fees, Trade Fair costs and Prototype costs.

  2. Innovation Voucher: Up to 3 vouchers – 1 co-funded Innovation Vouchers, worth €5,000, are available to assist early stage companies to work with a registered college or knowledge provider in Ireland and Northern Ireland to explore a business opportunity or solve a technical problem. A CRO number is required.

  3. New Frontiers Entrepreneur Development Programme New Frontiers is Ireland’s national entrepreneur development programme run in partnership with the Institutes of Technology. The programme is designed to support entrepreneurs with innovative business ideas who are planning to establish and run their own company. A range of supports including mentoring, incubation space and a €15,000 scholarship payment are provided to help accelerate the development of the business and to equip the promoter(s) with the skills and contacts needed to successfully start and grow a company.

  4. Competitive Feasibility Fund: 50% of spend Open calls for applications for Competitive Feasibility funds are held by Enterprise Ireland throughout the year. The funding is designed to assist a new start-up company or individual entrepreneur to investigate the viability of a new significant growth orientated business or proposition are run throughout the year in specific regions and sectors.

  5. Mentor Grant: Up to 10 sessions at a max of €175.00 per session. Used to support the cost of a Mentor Assignment. Enterprise Ireland can match you with an experienced business mentor to assist you in your start-up phase or advise on specific areas of your plan.

Investor Ready Supports - Companies that have a well-developed business plan and need to raise investment for their business can apply for the following supports.
  1. Competitive Start Fund (CSF): Check for call dates

A €50k equity investment designed to accelerate the development of high potential start-up companies by supporting them to achieve commercial and technical milestones such as evaluating international market opportunities or building a prototype. The fund is open for applications several times throughout the year with special calls made for specific sectors such as digital media and aviation. In addition specific calls to support the development of female led high potential start-ups are also run under the Female Entrepreneurship initiative.

  1. Innovative HPSU Fund (Equity): trading for less than 5 years with operating cost spend of 15% on r & d. Companies with global market potential for innovative technologies, products or services.

The Innovative HPSU Fund allows Enterprise Ireland to offer equity investment to HPSU clients, on a co-funded basis to support the implementation of a company’s business plans. First time and follow-on equity investments in HPSUs are supported under this offer.