Enterprise Ireland is responsible for supporting the establishment and growth of high potential start-up (HPSU) businesses in Ireland. These are manufacturing and/or internationally traded services businesses with the potential to create 10 jobs and international sales within the first three years of trading.
The Enterprise Ireland Cork Competitive Feasibility Fund is designed to assist individuals or start-ups investigate the viability of a new growth-orientated business proposition to be located in Cork City or County. The fund is part of Enterprise Ireland’s on-going roll-out of regionally-based Competitive Feasibility Fund calls to accelerate entrepreneurship development throughout the country.
Under the fund, applicants may apply for a feasibility grant for support towards eligible costs associated with undertaking a start-up feasibility project aimed at establishing the technical and commercial viability of a new business idea.
The aim of this funding call is to:
- Accelerate entrepreneurship in Cork;
- Support entrepreneurs with business ideas that have the potential to create jobs and significant growth in Cork;
- Stimulate the pipeline of High Potential Start-Ups (HPSUs) in Cork.
The total fund available in the Cork Competitive Feasibility Fund is €200k. This is a competitive fund. Applicants will be scored against predefined criteria with funding offered to the highest-scoring projects.
The maximum grant available is €25,000 based on a grant rate of up-to 50% against a maximum €50,000 of eligible expenditure.
The deadline for all applications is 6pm on Friday 25th April 2014.
For queries please email
+353 21 4800231