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New €1m Competitive Start Fund Open

EI Competitive Start Fund

€1m All Sectors Competitive Start Fund – Call Open

Applications invited from entrepreneurs, entrepreneurial teams and existing early stage start-ups active in the Manufacturing and Internationally Traded Services sectors

What is the maximum funding available?

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, 25 May 2021 at 3pm

How do companies apply?

Applications must be made through the Enterprise Ireland Online Application SystemInformation on the competition and support with preparing applications is available and will be delivered by the Business Innovation Centres in partnership with Enterprise Ireland (see below for further information).

Application Support Workshops

Application Support Workshops will be held online by Business Innovation Centres nationwide. Workshops are held via Zoom and are free to attend. Spaces are limited, workshops are interactive and participation is welcomed from entrepreneurs and early stage companies. Workshops are also open to internationally based entrepreneurs looking to start a business in Ireland. Prior registration is required. Dates and registration details outlined here.

Further Assistance

The Local Business Innovation Centre (BIC), in addition to application support workshops above, can offer assistance with application preparation. Potential applicants can contact the Local BIC for more information: