Enterprise Ireland 50K Competitive Start fund
Competitive Start Fund — All Sectors — Application closing date — Wednesday 3:00pm, 15thJune 2016
A call for applications for those active in the Manufacturing & Internationally Traded Services sectors including the following subsectors: Internet, Games, Apps, Mobile, SaaS, Cloud Computing, Enterprise Software, Lifesciences, Cleantech and Industrial Products opened on Wednesday 1st June 2016 and will close at 3pm on Wednesday 15th June 2016. Late applications will not be accepted. This fund is open to applications from early stage companies who meet the eligibility criteria outlined below. All applications to the fund must be made via the Enterprise Ireland Online Application System.
For more information visit the Enterprise Ireland website www.enterprise-ireland.com/csfallsectors
Competitive Start Fund — FinTech — Application closing date — Wednesday 3:00pm, 15thJune 2016
The Competitive Start Fund (CSF) aims to support early stage start-ups. This fund is open to early stage companies active in FinTech and providing technology driven solutions within the Financial Services sector or to the FinTech/Financial Services sectors as an end market. The following are examples of some of the areas included within the scope of the fund: Payments, Banking, Security, and InsurTech; and FinTech solutions that leverage the following technologies: Blockchain, IoT, AI and Data Intelligence.
For more information visit the Enterprise Ireland website www.enterprise-ireland.com/fintech
The rules
- Already has less than €100K funding [excluding sweat equity];
- Revenues less than €60k any previous year;
- Less than five years old;
- Likely to employ 10 in Ireland and sales of €1m within 3 years
- Software, manufacture or traded services. Not engaged in gambling, “adult entertainment” or military;
Investment of €50k for a 10% equity stake, plus Mentor, etc.
Originally published at www.westbic.ie on June 7, 2016.
