- Ideally the start-up would have a Minimal Viable Product (MVP) or be live in Beta and have early demonstrable customer validation.
- A validated customer proposition with market research conducted.
- A clear execution plan identifying key milestones to be achieved.
- Evidence of innovation, internationalisation potential and employment capacity.
- A team with experience, domain knowledge and a balance of skills.
- Early-stage companies in the Manufacturing & Internationally Traded Services sectors.
- An existing or potential client of Enterprise Ireland High Potential Start Up Unit (HPSU).
- Former Competitive Start Fund (CSF) investee companies may apply for a maximum of €50,000 if they are suitable.
What is provided?
- A €50k or €100k investment in the form of convertible loan note instrument.
- The support of an Enterprise Ireland Development Advisor.
- 10 mentoring sessions through the Enterprise Ireland panel of mentors.
- Access to the Enterprise Ireland Market Research Centre for market sector insights .
What can it be used for?
- To accelerate the growth of early-stage start-up companies that have the capacity and ambition to succeed in global markets.
- To enable companies to cover operational costs of key tasks including the development of a market ready solution, product testing in market, building critical skill sets on start-up team.
- To cover costs associated with developing the business plan and progressing key technical, commercial and fundraising milestones.
- To cover the cost of salaries, travel, and consultancy fees.
