Enterprise Ireland launches €750,000 fund to aid entrepreneurs 

Business, Finance | Thu 12 Jan | Author – Business & Finance
competitive start fund
Pictured at the launch announcement of the Enterprise Ireland All Sector Competitive Start Fund (CSF) are past recipient Denise O’Grady (Way2Pay), Julie Sinnamon (Enterprise Ireland), Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor TD and Orla Battersby (Enterprise Ireland)

Enterprise Ireland has announced a new Competitive Start Fund (CSF) totalling up to €750,000 to support start-up activity in all sectors.

The fund, which provides €50,000 in equity funding for each successful applicant, will open for submissions on January 25th and will close February 8th.

The Competitive Start Fund provides entrepreneurs and start-ups in all sectors with the critical early stage funding to test the market for their products and services and progress their business plans for the global marketplace.

The fund is designed to enable those companies reach key commercial and technical milestones and is open to applications from individuals, early stage companies or prospective businesses.

Commenting on the announcement, Orla Battersby, manager, High Potential Start Up Division, said: “A priority for Enterprise Ireland is to help Irish entrepreneurs and companies to start up and scale. The all sector Competitive Start Fund provides a support platform and a vital injection of funding totalling up to €750,000 to help launch young companies with global ambition and their business ideas to an international market.”