High Potential Start-Up Fund
Summary
The High Potential Start-Up (HPSU) Fund by Enterprise Ireland is a venture capital fund designed for ambitious, high-growth potential start-ups based in Ireland. It aims to provide capital to help these companies scale rapidly and achieve international success. The fund invests between €500,000 and €5 million, requiring a strong business plan and a clear path to significant market penetration.
Eligibility Criteria
* **Entity Type:** Start-up companies with high growth potential. * **Geography:** Must be based in Ireland. * **Sector:** Open to a wide range of technology and manufacturing sectors. * **Stage:** Typically for companies that have already demonstrated some market traction or have a strong prototype/MVP. * **Ambition:** Must have a clear plan for significant scaling and international market entry.
How to Apply
1. Visit the Enterprise Ireland website and navigate to the High Potential Start-Up Fund section. 2. Review the detailed eligibility criteria and application guidelines. 3. Prepare a comprehensive business plan, including financial projections, market analysis, and a detailed scaling strategy. 4. Submit your application through the Enterprise Ireland online portal. 5. Be prepared for a rigorous evaluation process, including presentations and due diligence.