Competitive Start Fund - CALL NOW OPEN

€2m Enterprise Ireland Competitive Start Fund

 2 Calls Now Open


 

 €1m Women Entrepreneurship Competitive Start Fund  

 

  • Up to 20 potential Investments
  • Offer of a place on INNOVATE Women Entrepreneurship Accelerator
  • Mentoring support

For this Women Entrepreneurship call, applications are invited from women entrepreneurs, entrepreneurial teams and existing early stage start-ups with a woman who has a place on the lead management team and who owns or will own at least 25% of the voting share capital in the start-up. The project must be active in the Manufacturing & Internationally Traded Services sectors.


€1m All Sectors Competitive Start Fund

  • Up to 20 potential Investments
  • Mentoring support

For this All Sectors call, applications are invited from entrepreneurs, entrepreneurial teams and existing early stage start-ups active in the Manufacturing & Internationally Traded Services sectors, including but not restricted to, eligible companies that offer / services / solutions to address challenges and opportunities with regards to Climate Action with an emphasis on decarbonisation.


Details:

Applicants are asked to apply for one of the above calls only.

What is the maximum funding available?

The selected companies will receive a maximum investment of €50,000 for a 10% ordinary equity stake in the start-up company. The investment shall be released in two equal tranches. The Company will be required to secure additional equity investment of €5,000, from promoters or external investees, prior to the release of EI’s first tranche.

 

What is the call close date? This call for applications will close on Tuesday 18th August 2020.

 

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


For more information:

Website: www.enterprise-ireland.com/csf

Email:csf@enterprise-ireland.com

Phone: 01 727 2202 (operating remotely, ideally send an email to csf@enterprie-ireland.com or alternatively leave a message and call will be returned).

 

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