New €500k competitive start fund targeted at experienced business professionals

A total of €500,000 in start-up funding will be available from Enterprise Ireland when a new Competitive Start Fund (CSF ) competition aimed at experienced business professionals opens this week for applications. This CSF is directed at mature and highly experienced business professionals with 25 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.

Up to 10 successful applicants will receive high-level business development support and an investment of up to €50,000 each. Enterprise Ireland’s CSF is designed to accelerate the growth of start-ups and enable companies to reach key commercial and technical milestones.

As well as securing up to €50k in funding, the successful applicants will have the opportunity to participate in a business development programme. Delivered over three months by DCU Ryan Academy and Ireland’s Smart Ageing Exchange (ISAX ), the programme will increase the capabilities of the participants and move them to investor-ready within a short period.

In addition to written online applications, companies will be asked to prepare an online video pitch. Applicants must meet certain eligibility criteria. The CSF competition will close at 3pm on Wednesday, October 25. Full details are available at www.enterprise-ireland.com/csfexperiencedprofessionals

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