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Tuesday, 14 February 2012 14:42

Conversations with Doers

Offaly County Enterprise Board has a selection of videos available to view entitled "Conversations with Doers". They include interviews with Padraig O'Ceidigh and Stephen Grant.

To view these interviews click on the link to the Vimeo.com website where you will find all 6 videos.

http://vimeo.com/offalyceb

 

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Monday, 13 February 2012 14:24

E-tender Opportunities 13th February

 

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Monday, 06 February 2012 16:17

E-tender Opportunities 6th February

 

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Thursday, 02 February 2012 16:42

€50k Competitive Start Fund from Enterprise Ireland

A new call for applications to the Competitive Start Fund was launched on Thursday 26th January, 2012.  This fund is open to applications from early stage companies, who meet the eligibility criteria outlined below, from the following sectors: Internet, Games, SaaS, Cloud Computing, Enterprise Software, Telecoms, Lifesciences, Cleantech and Industrial Products. The call will close at 6pm on Thursday 9th February, 2012 and late applications will not be accepted.  

Overview of the Competitive Start Fund

The purpose of the Competitive Start Fund is to accelerate the growth of start-up companies that have the capability to succeed in global markets.  The fund is designed to enable those companies reach key commercial and technical milestones, for example:

  • Evaluate overseas market opportunities and reach firm conclusions regarding the viability of the proposed business.
  • Build a prototype.
  • Secure a reference site.
  • Develop a market entry plan for exploiting international opportunities.
  • Secure partnership deal or strategic alliance.
  • Identify suitable channels to international markets.
  • Secure third party investment e.g. business angel, Venture Capital.

Am I eligible?

You are eligible to apply if you are an existing or potential client of Enterprise Ireland’s HPSU.

The Competitive Start Fund is open to:

  • Companies who are active in the ICT & Industrial sectors to include the following sub-sectors: Internet, Games, SaaS, Cloud Computing, Enterprise Software, Telecoms, Lifesciences, Cleantech and Industrial Products.
  • Individuals who, prior to Enterprise Ireland’s investment, will register a company which will be active in these sectors.

In addition, applicants must fulfil all of the following criteria:

  • Must be a manufacturing or an internationally traded services business.
  • Must not have received equity funding of €100K or more prior to the competition closing date.
  • Must be pre-trading or recently commenced trading, i.e. has revenues less than €60k in the last full financial year.
  • Must be capable of creating 10 jobs in Ireland and realising sales of €1m within 3 to 4 years of starting up or, where a company is required to have FDA or CE approval, within three years of approval to sell.
  • Must not be involved in activities that fall within gambling or "gaming" as defined in the Gaming & Lotteries Act 1956.

Please note applicants must be eligible to live and work in Ireland.

What is the maximum funding available and what costs are eligible?

  • Applications are considered on a competitive basis.  
  • The maximum support available is €50,000 for a 10% ordinary equity stake in the start-up company. 
  • The investment shall be released in two equal tranches.  
  • The first tranche will be released to successful applicants only when it provides confirmation of additional new cash investment for equity of €5,000.  This new investment in equity of €5,000 by the successful applicant is to occur post the relevant call close date. Capitalisation of existing director/related party loans will not qualify. The company must also meet the general terms and conditions of the scheme.
  • Successful applicants will additionally be appointed a mentor who will work with the company for up to 10 days.

Eligible costs

The overall equity investment will be towards the costs associated with developing the business plan and making progress on key technical and commercial milestones. The following activities are expected to form the basis of expenditure;

  • Salaries
  • Travel
  • Consultancy Fees
  • Other Expenditure

How do I apply?

Applications can be made via the Enterprise Ireland Online Application System.

First time applicants will be required to register on the Enterprise Ireland Online Application System.

Any expenditure incurred prior to the competition’s call close date will not be eligible for support.

A sample application form for this CSF call is available here - please note this is for information purposes and only applications submitted via the Enterprise Ireland Online Application System will be accepted.

How is my application evaluated?
Assessment Part 1: 

An evaluation panel comprising external consultants in conjunction with representatives from Enterprise Ireland will evaluate each application and will score them under the following criteria: 

Evaluation Criteria Weighting
Company and Promoter Profile 20%
Product/Service & Market Opportunity 25%
Execution of the Business Plan 20%
Product/Service Innovation 15%
Ability to deliver key Commercial and Technical Milestones over the coming 12 months 20%
Total 100%

Assessment Part 2: 

The 30 highest ranking applications will be sent to an Evaluation Panel comprising external industry experts and representatives of Enterprise Ireland for review.  These 30 short-listed applicants will be invited to present a short investment pitch to this evaluation panel at the offices of Enterprise Ireland in Dublin.  The date of the pitch is Monday 5th March, 2012.

The evaluation panel will be asked to score the applicant’s performance based on the following equally weighted criteria:

  • What specific need does your product / service address? Why would someone be "compelled" to purchase your offering? 
  • What is it about you and / or your management team that makes you capable of executing on this business plan?
  • What would be the impact of €50K on the execution of this business plan?

Please Note: Enterprise Ireland reserves the right to seek additional clarification from the applicant in regard to your application. 

Closing Date for Applications

The closing date for this call is 6pm on Thursday 9th February, 2012. Applicants will be informed if their submission has been short-listed on Friday 24th February, 2012. The final outcome of this Competitive Start Fund will be communicated to all applicants on Friday 23rd March, 2012.

Key Contact/more information

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Tel: + 353 1 727 2202 (9am - 5pm)

If you are not a client of Enterprise Ireland and want to learn more about qualifying and applying for Enterprise Ireland’s High Potential Start-Up supports, go to our  Start a Business Section.

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Monday, 30 January 2012 16:22

ONE Network Meeting 27th February: Keep Your Credit Control Under Control

Speaker: Brendan O’Reilly, Credit Control Confidential
In these challenging times for most businesses, the importance of being paid on time cannot be over-emphasised. How good are you at Credit control? Do you even understand what good credit control is? At the end of the evening, go home knowing:

·        How slow payment affects your business

·        Why people are slow to pay

·        What an effective credit control system is

·        How to Ask for Money

So, join us and benefit from the experience of Brendan O’Reilly of Credit Control Confidential who has been involved in Credit Control for more than 30 years. Brendan is also a member of O.N.E. and understands the challenges facing small business owners currently.

Why not bring a friend who runs a business or a colleague along? New members always welcome.

Date:               Monday, 27th February
Venue:            Tullamore Court Hotel
Registration:    6.45 pm
Time:               7 pm sharp—9 pm
Booking:          No Charge. Pre-booking essential.
Phone us on 057 93 52971 or email This e-mail address is being protected from spambots. You need JavaScript enabled to view it

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Monday, 30 January 2012 10:46

E-tender Opportunities January 30th

Coordination & implementation of simulation exercise to manage the outbreak of foodborne disease http://www.etenders.gov.ie/search/show/search_view.aspx?ID=JAN304956

 

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Thursday, 26 January 2012 15:52

Business Continuity Planning in Severe Weather

A new guide has been published by Forfas entitled "Business Continuity Planning in Severe Weather - Advice to Businesses on Preparing for Severe Weather". 

It is designed to assist businesses plan for severe weather and the effects on business.  

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Tuesday, 24 January 2012 11:38

E-Tender Opportunities 23rd January

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Tuesday, 17 January 2012 10:06

E-Tender Opportunities 16th Jan

     http://www.etenders.gov.ie/search/show/search_view.aspx?ID=JAN302595

  • Printing Pet Passports Dept of Agriculture, Food and the Marine

http://www.etenders.gov.ie/search/show/search_view.aspx?ID=JAN302475

  • Supply of Artistic decorative glass panel Waterford City Council

http://www.etenders.gov.ie/search/show/search_view.aspx?ID=JAN302295

  • Tender for Television Studio equipment Dundalk Institute of Technology

http://www.etenders.gov.ie/search/show/search_view.aspx?ID=JAN302215

 

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Thursday, 05 January 2012 15:06

E-tender Opportunities 5th January

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