Building Your Business
Feasibility Fund for Agri Business launched

29 September 2014

The Competitive Feasibililty Fund for Agri-Business aims to support agri-business entrepreneurs grow scalable businesses.The total fund size is up to €250,000. Applications for funding are considered on a competitive basis.
The objective of the Competitive Feasibility Fund for Agri Business Entrepreneurs is to assist new start-up company, or individual entrepreneur, to investigate the viability of a new growth-orientated business proposition which has the ability to become a High Potential Start-up [HPSU]. These are companies that can develop scalable innovative technologies, products or services for sale on world markets. We are seeking to support projects that are likely to achieve significant growth within three years (sales of €1m per annum and employment of 10 or more) or, where a company is required to have FDA or CE approval, to have €1 million in sales within three years of approval to sell

Am I Eligible?

The applicant must be part of the lead management team, with a business start up that has the potential to create jobs and export growth.  The new business must be:

  • Less than 3 years since the date of incorporation.
  • a manufacturing or an internationally traded services business.*
  • Not involved in activities that fall within gambling or "gaming" as defined in the Gaming & Lotteries Act 1956.
  • have the potential to create jobs and significant growth in the Agri-Business Sector.

*Projects focused solely on the domestic market may not be considered to have significant growth potential.

www.enterprise-ireland.com

  • Cavan
  • Louth
  • Meath
  • Monaghon