Entrepreneurs invited to apply for Enterprise Ireland’s €1 million Competitive Start Fund

By Maurice Garvey

ENTREPRENEURS are invited to apply for Enterprise Ireland’s €1m Competitive Start Fund (CSF) which is now open for applications from ambitious founders of early stage start-ups, reports Maurice Garvey. 

Early-stage companies from all sectors with an eligible innovative product or service set for global markets are encouraged to enter the competition. Successful projects can secure up to €50,000 in equity funding.

Jenny Melia Divisonal Manager High Potential Start Ups Enterprise Ireland 1

Jenny Melia

Applications are especially welcome from eligible companies that offer new services or solutions to address the challenges and opportunities relating to climate action with an emphasis on decarbonisation.

The fund will close to applications at 3pm on Tuesday, March 2, 2021.

The CSF aims to increase the number of diverse High Potential Start-Ups (HPSUs) that have global potential and the ambition to succeed internationally. The fund is designed to help start-ups achieve key commercial and technical milestones which includes evaluating overseas market opportunities, building prototypes, developing market entry plans and securing third party investment.

Manager of Enterprise Ireland’s High Potential Start-Up Division, Jenny Melia said their ongoing work with start-ups and entrepreneurs is “always exciting and offers a sneak preview of what’s possible for the future.

“We’re looking for innovative solutions and development plans from entrepreneurs across multiple sectors in manufacturing and internationally traded services.

“We’re very interested in projects that will drive the digital and green economy where market opportunities continue to emerge and grow. 

“If you are an ambitious entrepreneur or entrepreneurial team at the start of your journey developing an eligible product or service, the Competitive Start Fund can really help you to take your business to the next level and I would strongly encourage you to apply.”

Further information can be found at Enterprise-Ireland

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