€500k Competitive Start Fund – Experienced Business Professionals
Up to €50k is available to a maximum of 10 early stage companies active in manufacturing & internationally traded services. This Competitive Start Call is directed at mature and highly experienced business professionals with twenty-five years or more of relevant business experience in Ireland or abroad, of which at least 10 years should be at a senior or leadership level.
What is the maximum funding available?
The selected companies will receive a maximum investment of €50,000 for a 10% ordinary equity stake in the start-up company. The investment shall be released in two equal tranches. The Company will be required to secure additional equity investment of €5,000, from promoters or external investees, prior to the release of EI’s first tranche.
What is the call close date?
This call for applications will close on Wednesday 25th October 2017 at 3pm.