The All Sector Competitive Start Fund is part of Enterprise Ireland’s strategy for increasing the number of High Potential Start-Up companies (HPSUs) that have the qualities to achieve key commercial and technical milestones, including evaluating overseas market opportunities, building prototypes, developing market entry plans and securing third party investment.

Individual entrepreneurs, early stage companies or prospective businesses that are active in the manufacturing and internationally traded services sectors are being encouraged to apply. 

Commenting on the announcement, Minister for Business, Enterprise and Innovation, Heather Humphreys TD said:“The rate of early stage entrepreneurship in Ireland continues to increase and we now rank fifth highest among European countries.

“The funding supports offered by the Department of Business, Enterprise and Innovation through Enterprise Ireland contribute greatly to nurturing the start-up eco-system in Ireland and supports like the Competitive Start Fund can often be the boost that a start-up needs to develop and realise the potential of their idea.

“The latest Global Entrepreneurship Monitor (GEM) report found that more than one in three entrepreneurs surveyed expect to attain a quarter or more of their sales in international markets. Enterprise Ireland’s Competitive Start Fund could help make that a reality.”