Enterprise Ireland will shortly open up its second Competitive Start Fund (CSF) of the year to applications, with funding of €750,000 from the state agency to disburse.

The new CSF will open to all sectors for applications on April 16. Fifteen successful applicants will receive up to €50,000 each in equity funding. The closing date for applications is April 30.

As with previous CSF rounds, Enterprise Ireland is looking for early-stage startups with potential to trade internationally.

In addition to written online applications, companies will be asked to prepare an online video pitch. Full details on the CSF, including the application form and eligibility criteria, can be accessed on the Enterprise Ireland website here.

“The key objective of this fund is to help early-stage startups with the potential to scale internationally to get the initial financial boost needed to grow their business,” said Teri Smith, manager of the high-potential startups team at Enterprise Ireland.

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“In addition to financial support, mentoring opportunities with an extensive team of Enterprise Ireland experts and access to entrepreneurial networks will help companies to kick-start their journey to global success.”

Photo: Teri Smith (left) and business minister Heather Humphreys, with Checkventory MD and previous CSF recipient Adrian Walsh (Pic: Shane O'Neill)