€2m Enterprise Ireland Competitive Start Fund Now Open for Applications

€2m Enterprise Ireland Competitive Start Fund Now Open for Applications
 
Women Entrepreneurs CSF & All Sectors CSF (up to 40 investments)
 
Women Entrepreneurs Competitive Start Fund  
For this Women Entrepreneurs 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.
All Sectors Competitive Start Fund
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.
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 (in Ordinary shares), from promoters or external investees, prior to the release of EI’s first tranche.
 
What is the call close date?
Both calls for applications will close on Tuesday 28th September 2021 at 3.00pm
 
Application Support Workshops
Application Support Workshops will be held online by Business Innovation Centres (BICs) nationwide. Workshops 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.
BIC
Date
Time
Registration
Dublin BIC
14th September 2021
2pm-4pm
Dublin BIC
21st September 2021
2pm-4pm
West BIC
9th September 2021
11am
South East BIC
10th September 2021
9.30am-11.30am
Cork BIC - more information
10th September 2021
10am - 12 noon
Your Local Business Innovation Centre (BIC) in addition to application support workshops can offer assistance with preparing your CSF application.