Growth and Scaling Funding
Summary
Enterprise Ireland's Growth and Scaling Funding is designed for established Irish companies aiming to significantly expand their operations. The program supports ambitious businesses seeking to enter new international markets, enhance their competitive edge, and achieve substantial growth. Funding ranges from €250,000 to €1.5 million, with a key requirement being a demonstrated potential for high growth and international scalability.
Eligibility Criteria
* **Entity Type:** Established companies (not early-stage startups). * **Geography:** Must be based in Ireland. * **Sector:** Primarily technology and manufacturing sectors with export potential. * **Team Size:** Not explicitly defined, but implies a need for a substantial team to support scaling. * **Revenue Limits:** Not specified, but the focus is on companies beyond the initial startup phase. * **TRL Level:** Not applicable, as it targets established companies.
How to Apply
1. **Visit the Enterprise Ireland Website:** Navigate to the Growth and Scaling Funding page. 2. **Contact an EI Advisor:** It is strongly recommended to engage with an Enterprise Ireland advisor early in the process to discuss your application and ensure alignment with program objectives. 3. **Prepare Application Documents:** This typically includes a detailed business plan, financial projections, market analysis, and information on the management team. 4. **Submit Application:** Applications are submitted through Enterprise Ireland's online portal or as directed by your advisor. 5. **Review and Assessment:** Enterprise Ireland will assess the application based on growth potential, market opportunity, competitive advantage, and the company's capacity to execute the scaling plan.