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Enterprise Ireland announces €1m in start-up funding

Written by Robert McHugh, on 23rd Feb 2017. Posted in General

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Enterprise Ireland has today announced two Competitive Start Fund (CSF) competitions worth a total of €1million in funding will open for applications to international entrepreneurs and recent graduates on Wednesday 8 March 2017.
 
Up to twenty successful applicants will receive high-level business development support and an investment of up to €50,000 each. The CSF is designed to accelerate the growth of start-ups and enable companies to reach key commercial and technical milestones.
 
Applications are invited from ambitious graduates and international entrepreneurs with early stage companies capable of succeeding in global markets, creating jobs and growth. 
 
The funds are open to companies active in manufacturing and internationally traded services including Internet, Games, Apps, Mobile, SaaS, Cloud Computing, Enterprise Software, Lifesciences, Food, Cleantech and Industrial Products.
 
In addition to written online applications, companies will be asked to prepare an online video pitch. Companies must meet certain eligibility criteria and applicants may apply for either the International Entrepreneurship or the Graduate Entrepreneurship CSF, but not both.
 
Both competitions will close at 3pm on Wednesday 22 March 2017.
 
Speaking today, CEO of Enterprise Ireland, Julie Sinnamon said, "We are delighted to announce €1 million in funding for graduate and international entrepreneurs. A key focus of Enterprise Ireland is to encourage more entrepreneurs to start up their businesses in Ireland. In 2016, we supported thirty-three new start-ups which were established by overseas entrepreneurs and included entrepreneurs from Russia, Europe and the United States."

Source: www.businessworld.ie 

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