Get in Touch

Map Location

059-9129783

Newsletter sign up here

Carlow

...Let's talk business

Competitive Start Fund – For Female Entrepreneurs - Call for applications Closing 22nd March

Competitive Start Fund – For Female Entrepreneurs - Call for applications Closing 22nd March

Acorns

Enterprise Ireland launched a call for applications which opened Tuesday 1st March 2016 and will close on Tuesday 22nd March 2016 at 3pm. The Competitive Start Fund (CSF) aims to support early stage start-ups.  The competition, specifically for Female Entrepreneurs or female-led start-ups.

This fund is open to start-ups with technology at the heart of the innovation engaged in manufacturing or internationally traded services.

In addition to an investment of €50k for a 10% equity stake, and €5,000 from NDRC for 1% equity, successful applicants will participate on the NDRC Female Founders accelerator programme for technology start-ups, which is targeted at women who have deep knowledge of their relevant industry or who have potentially disruptive ideas for new technology focused businesses.

Download NDRC Do Better

All applications to the fund must be made via the Enterprise Ireland Online Application System. Late applications will not be accepted.

 

What is the maximum funding available?

  • Enterprise Ireland will invest €50k for a 10% ordinary equity stake in the start-up company, which will be released in two equal tranches.
  • NDRC will invest an additional €5k for a 1% equity stake in the company.
  • Investment by the promoter is not a requirement for this CSF competition.
  • The overall equity investment will be towards the costs associated with implementing the business plan and making progress on key technical and commercial milestones.
  • Participation on the NDRC Female Founders accelerator programme for technology start-ups is an integral part of this completion and participation is mandatory. 

What is the call close date? This call for applications will close on Wednesday 22nd March 2016 at 3pm.

 How do companies apply? Applications must be made through the Enterprise Ireland online application system.

 

For more information:

Log on to: https://www.enterprise-ireland.com/Female-Entrepreneurs.html

Additional programme enquiries, please email femalefounders@ndrc.ie

Email:  csf@enterprise-ireland.com Ring the dedicated Help Line: 01 727 2202