Enterprise Ireland has announced the details of a fund aimed at graduates to aid the growth of start-ups. The Competitive Start Fund (CSF) for recent graduates will open for applications on Tuesday, 10th April 2018 and will provide up to €50,000 in equity funding for up to 10 successful applicants. The fund closes to applications at 3pm on Tuesday, 24th April 2018.
The purpose of the CSF is to accelerate the growth of start-up companies that have the capability to succeed in global markets. It is part of Enterprise Ireland’s strategy for increasing the number and quality of High Potential Start-Up companies (HPSUs) that have the potential to employ more than 10 people and achieve €1 million in export sales within three years.
Commenting on the fund, Minister for Business, Enterprise and Innovation, Heather Humphreys TD said: “We have a pool of talented and ambitious entrepreneurs in this country, who are still in university or recently graduated, and are making valuable contributions to the economy through their start-ups. For these entrepreneurs, supports like Enterprise Ireland’s Competitive Start Fund are vital. Together with crucial funding, the initiative provides valuable business support and networking opportunities to innovative entrepreneurs and companies at the start of their journey, and provides a platform from which they can progress their business.”
Pictured above: Heather Humphreys TD, Minister for Business, Enterprise and Innovation; Niall Harty, Director, Harty Nutrition Ltd; and Sarita Johnston, Manager HPSU Start, Enterprise Ireland.
Photo by Karl Hussey / Fennell Photography 2018