Enterprise Ireland - Competitive Start Fund - All Sectors

Funding details:

Competition opens: Tuesday 18th September 2018

Competition closes: Tuesday 2nd October 2018 12:00pm

Award: The maximum support available is €50,000 for a 10% ordinary equity stake in the start-up company.

Summary:

The Competitive Start Fund (CSF) aims to support early-stage start-ups.  This fund is open to early-stage companies in manufacturing & internationally traded services.

The purpose of the Competitive Start Fund is to accelerate the growth of start-up companies that have the capacity to succeed in global markets. The fund is designed to enable those companies to reach key technical and commercial milestones.

Applicants to the fund should ideally be able to demonstrate the following:

• Be able to clearly demonstrate that product or service has reached MVP stage, and that the product is, at a minimum, live in beta.
• That the product or service has demonstrable customer validation with (trial and/or paying) customers.
• A fully articulated proposition addressing a clear gap in the market with market research conducted with customers/potential customers.
• Evidence of innovation, export potential and employment capacity. Clear market opportunity for the proposed product or service. Clear knowledge of the competitive landscape.
• Clear execution plan outlined, identifying suitable channels to international markets.

To read more about this fund, Click here to visit Enterprise Ireland

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