Building Your Business
LEO Innovation Investment Fund

12 July 2017

 

  LEO Innovation Investment Fund logo
   

The LEO Innovation Investment Fund Pilot was recently launched this scheme is now open for applications at www.liif.ie

This is a pilot programme which is targeting existing LEO clients, and is open to:

  • Companies looking to undertake innovative developments
  • Companies trading for over 12 months who now want to consider starting up an innovative new business

There are 4 components to the offer:

1. €1.5m Investment Fund targeting investor ready LEO clients (clients with a short/medium term funding requirement over the next 3 to 6 months ideally). This fund will be available through the network of local enterprise offices and will be approved for individual projects following a competitive process. A maximum Grant Investment of €25k will be potentially available to successful clients. (More details on the website www.liif.ie).

2. Investor Ready Programme: Clients will apply online and will be ed to participate on a short (4 weeks) highly focused Investor Ready Programme. This programme will work with Investor Ready LEO clients to implement their innovative development plan. The programme will incorporate 1 +1 mentoring to assist the promoter prepare an investor ready plan.

3. Investor Ready Pitch: At the conclusion of the investor ready programme, promoters will have the opportunity to make a formal pitch to an Investor Panel to secure a LEO Grant Investment of €25k to help fund their innovative business start-up or development.

4. Online Application: The application process is easy. Existing LEO clients will be requested to submit their application and mandatory video through the online form available on the website www.liif.ie.  Applicants must select the county in which their business is or will be located. Applicants will have the option to save the application and return at a future date.

  • Cavan
  • Louth
  • Meath
  • Monaghon