Common questions about funding, Prep4Seed, PSSF, iHPSU, and how to get started with IrishBICs.
Prep4Seed is a 12 week intensive investor ready programme. Read more here.
The term seed funding refers to the initial funding that a startup or small business uses to get off the ground. Much of the seed capital a company raises may come from sources close to its founders including family, friends, and other acquaintances.
iHPSUs are start-up businesses with the potential to develop an innovative product or service for sale on international markets and the potential to create 10 jobs and €1 million in sales within 3 years of starting up. Read more here.
Enterprise Ireland's Pre-Seed Start Fund (PSSF) provides early-stage companies with up to €100,000 by way of a convertible loan note (CLN) to help with the costs associated with developing their business. Learn more.
Pre-seed funding is the initial capital raised by entrepreneurs to validate their business idea, build a prototype, and conduct market research. It is a crucial step in the startup journey as it allows entrepreneurs to prove the viability of their business idea before seeking larger investments.
The best way to get started is to get in touch with your local BIC.