Enterprise Ireland’s €1 million Competitive Start Fund (CSF) for Female Entrepreneurs will open for applications on Tuesday, 1st May, 2018 and completed applications must be in by the 15th May at 3pm.
Up to €50,000 in equity funding is available to a maximum of 20 successful female applicants with early stage start-up companies. Last year, 46 per cent of all companies who received CSF investment from Enterprise Ireland were female-led.
The Competitive Start Fund (CSF) aims to support early stage start-ups. A competition, specifically for Female Entrepreneurs or female-led start-ups, active in the Manufacturing & Internationally Traded Services sectors including the following sub-sectors: Internet, Games, Apps, Mobile, SaaS, Cloud Computing, Enterprise Software, Life sciences, Food, Cleantech and Industrial Products
In addition to securing vital funding, 15 of the successful applicants will be offered a place on the INNOVATE accelerator programme, delivered by Dublin BIC. Taking place over a 12-week period in the Guinness Enterprise Centre, the interactive INNOVATE programme will increase the capabilities of the participants and move them to investor-ready within a short period.
The purpose of a CSF for female entrepreneurs is to accelerate the growth of female-led start-up companies that have the potential to employ more than 10 people and achieve €1 million in export sales within three years.
Introduced in 2012 as part of Enterprise Ireland’s female entrepreneurship strategy, the dedicated fund is designed to enable companies reach key commercial and technical milestones which will ensure delivery of their product or service to an international audience. Enterprise Ireland’s Competitive Start Fund is funded by the Government of Ireland through the Department of Business, Enterprise and Innovation.
Full details on the Competitive Start Fund for Female Entrepreneurs, including the application form and eligibility criteria, can be accessed on the Enterprise Ireland website: HERE
Remember that the Competitive Start Fund for Female Entrepreneurs will close for submissions at 3pm on Tuesday 15th May.