Enterprise Ireland launched a new competitive programme called the “Competitive Start Fund” in December 2010. 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 Competitive Start Fund provides support of up to €50,000 in equity matched by €5,000 of promoters equity to companies to test and prove product/market fit at an earlier stage of development. The fund is open to applications from early stage companies from the following sectors: Internet, Games, Mobile, Apps, SaaS, Cloud Computing, Enterprise Software, Lifesciences, Cleantech and Industrial Products, who meet the relevant eligibility criteria. Enterprise Ireland has received 833 applications under this fund up to 25 September 2012.
Details of the number of applications received on a county by county basis are set out in the tabular statement.
COUNTY
|
NUMBER
|
Carlow
|
8
|
Cavan
|
3
|
Clare
|
13
|
Cork
|
85
|
Donegal
|
20
|
Dublin
|
380
|
Galway
|
44
|
Kerry
|
18
|
Kildare
|
28
|
Kilkenny
|
11
|
Laois
|
5
|
Leitrim
|
0
|
Limerick
|
44
|
Longford
|
1
|
Louth
|
11
|
Mayo
|
20
|
Meath
|
16
|
Monaghan
|
3
|
Offaly
|
4
|
Roscommon
|
10
|
Sligo
|
23
|
Tipperary
|
11
|
Waterford
|
17
|
Westmeath
|
15
|
Wexford
|
15
|
Wicklow
|
16
|
Overseas
|
12
|