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Pre-Seed Start Fund

Supporting early-stage companies in reaching the key technical and commercial milestones

Enterprise Ireland's Pre-Seed Start Fund is an early stage investment that provides early-stage start-up companies with up to €100,000 to help them develop their products or services and reach key milestones
 

Who is it for?

You may be eligible if:

  • You are a start-up that have  a Minimal Viable Product (MVP) or be live in Beta and have early demonstrable customer validation
  • A validated customer proposition with market research conducted
  • A clear execution plan identifying key milestones to be achieved
  • Evidence of innovation, internationalisation potential and employment capacity
  • A team with experience, domain knowledge and a balance of skills
  • Early-stage companies in the Manufacturing & Internationally Traded Services sectors
  • An existing or potential client of Enterprise Ireland High Potential Start Up Unit (HPSU)
  • Former Competitive Start Fund (CSF) investee companies may apply for a maximum of €50,000 if they are suitable

What do you get?

  • A €50k or €100k investment in the form of convertible loan note instrument
  • The support of an Enterprise Ireland Development Advisor
  • 10 mentoring sessions through the Enterprise Ireland panel of mentors
  • Access to the Enterprise Ireland Market Research Centre for market sector insights 

What can it be used for?

  • To accelerate the growth of early-stage start-up companies that have the capacity and ambition to succeed in global markets.
  • To enable companies to cover operational costs of key tasks including the development of a market ready solution, product testing in market, building critical skill sets on start-up team.
  • To cover costs associated with developing the business plan and progressing key technical, commercial and fundraising milestones.
  • To cover the cost of salaries, travel, and consultancy fees 

Get your personalised consultation
Need advice? Speak with one of our expert Hub advisors to learn more about this support and discover how it could benefit your business.
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