Enterprise Ireland Female Founders

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ENTERPRISE IRELAND Where innovation means business

Transcript of Enterprise Ireland Female Founders

Page 1: Enterprise Ireland Female Founders

ENTERPRISE IRELANDWhere innovation means business

Page 2: Enterprise Ireland Female Founders

START

INNOVATE

SCALE

ANTICIPATE

Highest level of job creationin the history of the agency

Lowest level of jobs lossesin any year since 2000

Highest number of net jobs createdin the history of the agency

START

INNOVATE

SCALE

ANTICIPATE

Irish Business DeliversRecord Year for Job Creation for Enterprise Ireland Supported Companies

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Key Challenges• Less access to finance and lower levels of risk taking.• Lower levels of technical expertise.• Lower self-confidence • A shortage of female networking opportunities• Lack of visible role models

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Enterprise Irelands Response

• Female only competitive funds • Supported dedicated female development programmes• Development of networks and Sponsorship of specific

key events

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2008 2009 2010 2011 2012 2013 2014 2015

66 66

73

8689 90

84 82

5 7 7 7 8

1418

23

HPSU Female Led Investments prior to Female only Initiatives and after. Before and after 2012

male female

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CSF Baseline Data

2,772 individual applications assessed in the study period (Calls 2-24)

CSF

Investment Ready

HPSU

On average 25% of HPSU’s funded projected come from previously CSF’s

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• Supports early stage start-ups• Competitive call • Funding = €50k matched with €5K from NDRC• 10% Equity Enterprise Ireland and 1% NDRC

What is it?

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• Enterprise Ireland has invested in approx 345 number of companies through the CSF since 2011.

• The number of Female Led supported CSF companies since 2011 is 124

• This fund is open to start-ups with technology at the heart of the innovation engaged in manufacturing or internationally traded services.

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Purpose of CSF

• Evaluate overseas market opportunities and reach firm conclusions regarding the viability of the proposed business.

• Build a prototype.• Secure a reference site.• Develop a market entry plan for exploiting international opportunities.• Secure partnership deal or strategic alliance.• Identify suitable channels to international markets.

• Secure third party investment e.g. business angel, Venture Capital.

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We are delighted and honoured to announce that we have won the 2015 SVG Thrive Accelerator Award at the Forbes Reinventing America Ag Tech

Competitive Feasibility Fund

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The proof is in the pudding

Women-led private technology companies are more capital-efficient, achieving 35% higher return on investment, and, when venture-backed, bringing in 12% higher revenue than male-owned tech companies, according to Women in Technology: Evolving, Ready to Save the World, research conducted by the Kauffman Foundation.

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Purpose of CSF

• All applications to the fund must be made via the Enterprise Ireland Online Application System.

• Late applications will not be accepted.

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CALLING ALL AMBITIOUS WOMEN...

YOUR POTENTIAL ……OUR PRIORITY

[email protected]@ei_sjohnstonwww.enterprise-ireland.comPOTENTIAL ……OUR PRIORITY