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Funding Your Business Development Dublin City LEO Event , September 12th, 2014

Funding Your Business Development Dublin City LEO Event , September 12th, 2014. Clodagh Whelan, Micro Enterprise & Small Business, Dublin Mid-East. Our mission We help innovative Irish companies become leading global players in markets worldwide. How EI works with clients.

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Funding Your Business Development Dublin City LEO Event , September 12th, 2014

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  1. Funding Your Business Development Dublin City LEO Event , September 12th, 2014 Clodagh Whelan, Micro Enterprise & Small Business, Dublin Mid-East

  2. Our mission We help innovative Irish companies become leading global players in markets worldwide

  3. How EI works with clients Develop Strategic Business Plans Building Management Capabilities and Strengths Access Markets & Connect with Buyers, Researchers & Investors Access Finance to support Business Plans

  4. Established SME’s Multinationals Irish-based food and natural resource companies that are overseas owned or controlled Manufacturing & Internationally Traded services companies employing ten or more Entrepreneurs starting companies with an ability to compete in world markets High PotentialStart-up’s Research Community Potential Exporters Scaling Established SME’s currently focussed on the domestic market who have the ambition to export Developing links with Irish enterprise, MNCs to support research collaboration, commercialisation of publicly funded research, and access to FP7, ESA Ambitious co’s with the ability to scale & achieve significant success Who we work with…

  5. Summary Funding Offer 2014 START-UP INNOVATION PRODUCTIVITY EXPANSION CUSTOMISED INVESTMENT PACKAGES R&D Projects Innovation Partnership Expansion PackageNew Market Research Programme HPSU Package Lean Transform Programme ADVERTISED CALL for INVESTMENT PROPOSALS Job Expansion Graduates 4 Int’l G R&D Fund Horizon 2020 Competitive Start Fund EXPLORING OPPORTUNITIES Feasibility StudyStrategic ConsultBAPTrade FairMentorKey MgreBusiness New FrontiersMentors Innovaton Voucher Lean Start Lean Plus Feasibility Study Innovation Voucher

  6. The company must be : Recently established – Less than 5 years old Innovative (operating in a growth sector). Capable of generating at least : 10 full time jobs (in Ireland) - by end of Yr3 Annual revenues of €1.3M - by end of Yr3 International sales focus Headquartered & controlled in Ireland Also Strong Management Team What is a High Potential Start-up?

  7. Early Stage: Innovation Vouchers Accelerator Supports: New Frontiers (Phase 2 €15K stipend) CompetitiveFeasibility Grant (€15k - max 50%) – Calls by Region, Sector Market Validation/Prototype Development: Competitive Start Fund - Call Dates on EI website €50k Starter - Promoters €5kEquity 10% Ordinary Shares First Round / Investor Ready: iHPSU Equity Investment ~ €100k - €350k (average €250k), CCRPs, generally fully matched – EI max. 50% of funding required. EI Funding for Start-Ups

  8. Aims to Build Links between Knowledge Providers and Small Businesses (must be Limited Company). Voucher (€5,000) can be exchanged for Advice and Expertise from Ireland’s public Knowledge Providers Projects: Require Innovative Solution Provide Additional Value for the Business Have On-going Benefits Innovation Vouchers

  9. Innovation Vouchers • Knowledge Providers - Contacts • Finished Projects –Examples • Eligibility Conditions and Permitted Uses • Online Application Process • Horizon 2020 – Pilot – 1st Sept 2014 (for 6mths) • Next call for Standard applications : • 17th Sept – 1st Oct 2014 www.innovationvouchers.ie

  10. Further Information :

  11. Get Export Ready

  12. Reports & Publications

  13. Further Information www.enterprise-ireland.com Clodagh Whelan Enterprise IrelandMicro Enterprise and Small Business, Dublin Mid-East Region

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