International Entrepreneurship - Competitive Start Fund

International Entrepreneurship - Competitive Start Fund

 Logo Enterprise Ireland

A competition for start-ups currently based outside Ireland who are willing to relocate.

Winners Receive Investment of €50k for a 10% Equity Stake.

Plus!

Mentoring, Development Program, Banking Assistance, Accommodation & more.

All applications must be made via our Online Application System

The Application System Opens on:  Wednesday 24th August. 

Closing Wednesday 7th September @ 3pm

Short-listed projects from this application will pitch in Cork on 18th November 2016.

Enterprise Ireland will cover travel costs and will facilitate an introduction to Irelands thriving start-up ecosystem.

 Successful applicants from outside the EU are eligible to apply for a Startup Entrepreneur Visa  which permits the holder and his/her family to reside and work in Ireland.

 

Click Here to Visit the Competitive Start Fund Webpage

 

Eligibility

  • The company/founders must be resident outside Ireland at the time of application.
  • Management team must be based in Ireland for at least one year post investment (e.g. if two persons in the current management, at least one person must move to Ireland).
  • Already has less than €100K funding [excluding sweat equity]
  • Revenues less than €60k any previous year;
  • Less than five years old;
  • Likely to employ 10 in Ireland and sales of €1m within 3 years
  • Software, manufacture or traded services.  Not engaged in gambling, "adult entertainment" or military