In this episode we are joined by Padraic Geraghty who takes us through the various offerings Enterprise Ireland has for the Irish startup ecosystem. We specifically dive into:
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What is Enterprise Ireland & the appeal of setting up a business in Ireland
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Overview of the three main areas of support including:
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New Frontiers Entrepreneur Development Programme - The national development programme for the first stage your business
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Competitive Start Fund - £50k funding for 10% equity
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The High Potential Start-up unit (HPSU) - Seed investment matched funding
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Extra support options available for HPSU clients - Feasibility grants & Market Discovery Fund
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The rationale behind Enterprise Ireland directly investing in startups
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Examples of company success stories
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[Enterprise Ireland] (https://www.enterprise-ireland.com/en/)
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[The supporting SMEs online tool] (https://www.enterprise-ireland.com/en/Start-a-Business-in-Ireland/Information-Store-for-Start-ups/Supporting-SMEs-Online-Tool.html)
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[New Frontiers Entrepreneur Development Programme] (https://www.enterprise-ireland.com/en/Start-a-Business-in-Ireland/Supports-for-High-Potential-Start-Ups/New-Frontiers-Entrepreneur-Development-Programme.html)
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[Competitive Start Fund] (https://www.enterprise-ireland.com/en/funding-supports/company/hpsu-funding/competitive-start-fund-csf-.html)
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[HPSU funding] (https://www.enterprise-ireland.com/en/Funding-Supports/Company/HPSU-Funding/Innovative-HPSU-fund.html)
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[HPSU Feasibility Grants] (https://www.enterprise-ireland.com/en/Funding-Supports/Company/HPSU-Funding/HPSU-Feasibility-Study-Grant-.html)
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[Market Discovery Fund] (https://www.enterprise-ireland.com/en/funding-supports/Company/Esetablish-SME-Funding/Market-Discovery-Fund.html)
Index:
- Intro
- 1.08 - An introduction to Enterprise Ireland
- 4.03 - The appeal of setting up business in Ireland
- 5.09 - Overview of the three main support options
- 5.45 - 1) Explaining New Frontiers - The national development programme for the first stage your business
- 8.10 - 2) Explaining the Competitive start fund - £50k funding for 10% equity
- 8.55 - 3) Explaining the HPSU (high potential startup unit) - Seed investment from Enterprise Ireland
- 10.18 - How the Enterprise Ireland seed investment works
- 10.52 - Extra supports for HPSU - Feasibility grants (up to a maximum 15k, will support 50% of the eligible expenditure costs)
- 11.10 - Extra supports for HPSU - Market discovery fund (up to a maximum 75k for HPSUs (150k for SMEs), will support 50% of eligible expenditure)
- 12.00 - The benefits of the overseas offices
- 13.17 - The rationale behind directly investing in startups
- 14.48 - Enterprise Ireland Funding VCs
- 16.12 - The supporting SMEs online tool
- 17.13 - Success stories
- 18.30 - Enterprise Ireland tailored approach to supporting Irish businesses
- 20.26 - Wrap-up