The deadline to apply for the Enterprise Ireland Competitive Start Fund (CSF) is upon us and closes on Tuesday 25th May 2021 at 3pm.
The Competitive Start Fund (CSF) aims to support early stage start-ups. This fund is open to early stage companies in the Manufacturing & Internationally Traded Services sectors, including the following subsectors Agtech, Cleantech, Consumer Products, e-Health, Enterprise Software, Fintech, Food, Games, Industrial Products, Lifesciences, Manufacturing, Medical Technologies & Devices, Mobile, Renewables, SAAS / Digital Technologies, Engineering / Electronics, Deeptech, Internet of Things (IOT), Artificial Reality (AR) / Virtual Reality (VR), Data Intelligence, Quantum Computing, Green Technologies / *Climate Change Solutions
Completed application forms must be submitted through the Enterprise Ireland Online Application System by the deadline.
Also, as part of the application process, a Video Pitch must be submitted on the Sonru.com platform (when you commence the application form, an email regarding the video pitch will be sent to you separately).
A valid application must have both a video pitch and completed application form.
The purpose of the Competitive Start Fund is to accelerate the growth of start-up companies that have the capacity and ambition to succeed in global markets. The fund is designed to enable those companies to reach key technical and commercial milestones. Applications are considered on a competitive basis. Funding is provided to companies who rank highest in a two-phase evaluation process. The maximum level of support per successful application is €50,000, for 10% in ordinary shares in the start-up company, to be released in 2 equal tranches of €25k (5% in ordinary shares for each tranche).
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