Back for Business is a new pilot initiative among emigrants returning or recently returned to live in Ireland

Back for Business

Back for Business is a new pilot initiative to foster and support entrepreneurial activity among emigrants returning or recently returned to live in Ireland. It addresses the challenges that all early stage entrepreneurs face, with a particular focus on the additional barriers and challenges faced by those who have been out of the country for some time. This can often result in their local knowledge, contact base and professional and personal networks being less developed than those of typical

The initiative will run over a six month period from November 2017 to May 2018. National in scope but run on a regional basis, it will provide the opportunity for up to 48 committed early stage entrepreneurs from across the country to take part. Selection will be on a competitive basis, and selected candidates will be those who best demonstrate the potential to advance their business plans and to fully engage in the initiative.

WHO IS IT FOR?

Back for Business is for returning emigrants who have lived abroad for at least a year and are planning to return or have returned to Ireland in the last three years. These will be men and women of different ages and experience who have lived in different parts of the world and are returning to Ireland for different reasons. Their experience of living and working abroad will often bring significant advantages for starting a business, such as having a strong network of international contacts, fluency in foreign languages and greater cultural understanding of foreign markets. Suitable applicants will be (i) actively planning a business or will have recently started a new business in Ireland, either on their own or with another business partner or (ii) they are becoming/have become entrepreneurs through the acquisition of an existing business. If the business is newly established, it will not have generated sales before the end of May 2015. If acquired, it will not have been acquired before this date.

In respect of the business whether new or acquired, they will be a major shareholder and key decision maker in the venture. Furthermore, they will have the ambition and expectation of becoming an employer of others within three years. There is no restriction on the sector in which the new business is focussed. If selected, participants must be available to attend the Launch Forum and first round table session on 27 November 2017 in Portlaoise.

HOW TO APPLY

Those interested in receiving an application form should register their interest in the first instance on the website www.backforbusiness.com and they will be sent an application form by email. This form should be completed and returned either by email attachment or by post to: Fitzsimons Consulting, 6 James’s Terrace, Malahide, Co Dublin.

For those who would like the application form posted to them, or if there is any difficulty registering online, please phone us on (+353) 1 8450770 or email us on info@backforbusiness.com

Closing date for receipt of completed application forms is 31 October 2017.

 

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