Finance for Startups Part II : Accessing Finance

Finance for Startups Part II : Accessing Finance

Figuring out how to access finance for your business is a key business planning activity – both before you start your business and on an ongoing basis particularly if you want to drive growth. This blogpost will outline the options for accessing finance in Ireland for startups. The funding staircase is a graphical representation of possible steps on the journey from starting to scaling and Exit.

Increased Tender Threshold great for SMEs in Ireland

Increased Tender Threshold great for SMEs in Ireland

At the end of March 2023, the OGP (Office of Government Procurement) published Circular 05/2023 : Initiatives to assist SMEs in Public Procurement. The Circular, designed to foster SMEs participation in public procurement contracts, increases the thresholds for advertising on eTenders to €50,000 for Goods & Services and to €200,000 for Works – both thresholds…

What ‘grants’ and other supports apply to my startup business in 2024?

What ‘grants’ and other supports apply to my startup business in 2024?

If you have ever wondered what supports that you and your startup business could and should apply for, read on:

This blogpost and the accompanying presentation will categorise the supports depending on the stage of development of your startup company: pre-enterprise; early stage; and established startup

CSF replaced by Pre-Seed Start Fund

CSF replaced by Pre-Seed Start Fund

Enterprise Ireland launched the Pre-Seed Start Fund in October 2022 effectively replacing the highly successful Competitive Start Fund (CSF). The Pre Seed Fund provides funding of €100,000 – former recipients of CSF can apply for €50,000. Over the years, CSF has been tweaked and this latest change resulted in a new name along with increased…

SaaS Financial Projections – online programme published

SaaS Financial Projections – online programme published

I am delighted to published my 7th online training programme. This will be my second one focusing on Financial Projections. It is called ‘Creating Financial Projections for your SaaS business‘. It is aimed at owners and senior team members who are bringing a SaaS product to market. The Excel template will facilitate you to create…

Business Cube updated by InterTrade Ireland – SeedCorn Competition 2019

Business Cube updated by InterTrade Ireland – SeedCorn Competition 2019

I have said for years that the best investor ready business plan preparation guide is the Business Cube Methodology published by InterTrade Ireland the organisors of the SeedCorn Investor Readiness Competition. So I was delighted to see that a modernised edition, now referred to as Business Cube, has been published in 2019. It is a…

Online Training to Create Financial Projections for your Local Business

Online Training to Create Financial Projections for your Local Business

I am delighted to announce that I have published an online training programme called ‘Creating Financial Projections for a Local Business‘. One year access is €50 including VAT. This ONE HOUR online programme is for you if: You a startup promoter or small business owner who needs to create financial projections for your business to…

A quick explanation and example of Cashflow (video)

A quick explanation and example of Cashflow (video)

I am not an accountant but I do my own accounts. I also work with clients on financial projections for their business plans. Finance is at the core of business and marketing. Cashflow is the core of finances. I have published an online course ‘Creating Financial Projections for a Local Business‘. A bonus module was…

Articles about CSF for InspiredStartups.com

Articles about CSF for InspiredStartups.com

I recently wrote two blog post articles for InspiredStartups.com with advice for startup promoters in terms of completing their application for Enterprise Ireland’s CSF. This short article outlines the key themes addressed by each post. What is the Competitive Start Fund? The Competitive Start Fund (CSF) is undoubtedly a significant component of Enterprise Ireland’s suite…

Please support MediStori’s Crowdfunding Campaign

Please support MediStori’s Crowdfunding Campaign

Today, I made a modest financial contribution as part of a Crowdfunding campaign to MediStori and I would ask everyone who reads this to seriously consider supporting this campaign – by making a contribution directly or telling someone else who would benefit from the product. The promoter is looking to raise €50,000 in the next…