Organised by the InterTradeIreland Equity Network, the Seedcorn Investor Readiness Competition is designed to encourage the creation and development of emerging and high-growth business ventures throughout Ireland and to reward the effort and achievement of the individuals involved.
Application is open to independent ventures incorporated within Ireland (Republic of Ireland or Northern Ireland) that are at the seed, start-up or early stages of development – ideally targeting international markets.
Applicants should be individuals or venture teams who have created, manage and own such ventures, have played a major role in conceiving the venture, and have key management roles and significant equity.
There are two categories for entry:
- New start Company – for companies under five years old on 29 May 2020 that are seeking to raise new equity of between €50,000 and €299,999.
- Early stage Company – for companies under five years old on 29 May 2020 that are seeking to raise in excess of €300,000.
For 2020, the total prize fund is a €280,000, including €100,000 for the overall winner; €50,000 for the two category winners; six awards of €20,000 for the Regional Winners; and €10,000 for the best university spin-out.
To submit an application, companies are required to register on the InterTradeIreland website and upload their business plan.
The deadline for submission of applications is 29 May 2020.
More information about this funding opportunity and the application process is available on the GRANTfinder funding information platform. GRANTfinder provides up-to-the minute content, insight and analysis on funding news and policy. To find out more about how GRANTfinder can keep you in the know, and subscription fees, contact us today.