120 likes | 292 Views
InterTrade Ireland Venture Capital Conference 11 th March 2014 Eamonn May, Manager, Growth Capital & Banking Relationships. Our Mission.
E N D
InterTrade Ireland Venture Capital Conference 11th March 2014 Eamonn May, Manager, Growth Capital & Banking Relationships
Our Mission • Enterprise Ireland partners with entrepreneurs, Irish businesses, and the research and investment communities to develop Ireland’s international trade, innovation, leadership and competitiveness.
Who we work with • Ambitious entrepreneurs .... To help them to get started • Increased focus on female and International start-ups • Research and innovation communities... To commercialise their research • Export-led start-up businesses and established companies... To access new markets • Assist buyers .... To access world-class products and services in Ireland
Supporting EI Clients Company EI Response GOALS EI Strategy Support e.g. Challenging, Mentors etc. Have you a strategic Plan? CAPABILITY EI Management Development Programmes Are you capable of executing this plan? OPPORTUNITY EI Overseas & Research Networks Have you the required product ideas or/ and market contacts? EI Financial Offer Angels, Venture Funds & Banks RESOURCES Have you the cash required?
External funding for business • The Seed Capital Funds (EI is a limited partner investor) • The Venture Capital Funds (EI is a limited partner investor) • Innovation Fund Ireland (a joint initiative with the NPRF) • Development Capital Funds – (EI is a limited partner investor in these funds) • ISIF (SME Credit, Turnaround and Equity Funds)
Other funding supports for clients • Local Enterprise Offices / CEB’s • Angel funding (HBAN & HBAP) • Crowd funding • Employment and Investment Incentive (EII) • R&D tax credits • Microfinance Ireland • SME Credit Guarantee scheme
Large Companies Start-ups SMEs • R&D project • FP7 • Innovation Partnerships Summary of Funding 2014 Start-Up • HPSU Package • HPSU Feasibility Grant Including: - Business Accelerator - Trade Fairs • - Mentor • Business Links • Sprint • AGE • Expansion & JEF • Market Access Grant • Geographic Mkt Research • Graduate for Int. Growth • Business Links • Strategic Consultancy • Mentor • Key Manager • Expansion Package • Geographic Mkt Research • Graduate for Int. Growth EXPANSION Growing your Business & Exploring New Opportunities • Lean Transform • Lean Plus • Business Process Improvement • Lean Transform • Lean Start and Plus • Business Process Improvement PRODUCTIVITY Addressing Competitiveness • Competitive Start Fund • Innovation Vouchers (also small companies) • R&D project • Horizon 2020 • Innovation Partnerships • Technical Feasibility • R&D project • Horizon 2020 • Innovation Partnerships • Technical Feasibility INNOVATION Developing New Ideas