Business Start 2021

Reece Delia  -  1/September/2021

In a start-up, the value of an idea lies in its implementation. For what good is a great idea without the tools needed to turn it into a successful and profitable business? Fortunately, the Business Start 2021 scheme can kick-start your business as start-ups that are still in their early development phase may receive an initial grant of up to €10,000 to help them develop their business proposal. 

Start-ups that present a viable business plan may receive additional support linked to full time employment which may reach up to €20,000 per quarter.  

Who is eligible?

To be eligible, an applicant must be registered as a recognised business entity such as a self-employed, co-operative, or limited liability company.

The Corporation shall also accept applications from businesses that have not been formally established yet however any support approved shall be made available after the applicant has been formally established.

Applicants should qualify under one of the following sectors:

  • Manufacturing
  • Software development
  • Industrial services analogous to manufacturing
  • Health
  • Biotechnology
  • Pharmaceuticals and life sciences
  • Other innovative economic activities which are enabled through knowledge and technology providing services or products which are currently not readily available in the relevant market, or which shall be provided through a process which is novel.

How much is the grant?

An initial seed funding of up to €10,000 may be awarded to start-up undertakings that are still in their early development phase. Support may continue to be awarded even after the start-up is established.

Furthermore, eligible start-ups that present a Business Plan and which the Corporation finds economically viable, may be awarded a maximum grant of €200,000.

This grant scheme will remain effective until 31st October 2023.

Contact us for assistance

Contact our Head of Advisory, Reece Delia on to see how you can tap into this funding opportunity and turn your good idea into an even greater business.

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