€50k Competitive Start Fund, All Sectors with focus on ICT

Enterprise Ireland will launch a call for applications to the Competitive Start Fund open to All Sectors with a focus on ICT.  Applications will open on Wednesday 25th January 2017 and close on Wednesday 8th February 2017 at 3pm.

Overview of the Competitive Start Fund

This fund is open to early stage start-ups active in manufacturing & internationally traded services, including the following subsectors: Internet, Games, Apps, Mobile, SaaS, Cloud Computing, Enterprise Software, Lifesciences, Cleantech and Industrial Products.

What is the maximum funding available? The selected companies will receive an 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 Wednesday 8th February @ 3pm.

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

For more information:

Log on to:www.enterprise-ireland.com/csfallsectors

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

 

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