The Competitive Start Fund (CSF) is an Enterprise Ireland fund aimed at accelerating the growth of start-up companies. It offers €50,000 (matched with €5,000 from the company or other private investor) for a 10% ordinary equity stake in the company.  The purpose of the investment is to help start-ups who benefit from CSF investment with the following:

  • Evaluate overseas market opportunities and reach conclusions regarding viability;
  • Build a prototype;
  • Secure a reference site;
  • Develop a market entry plan for exploiting international opportunities;
  • Secure a partnership deal or strategic alliance;
  • Identify suitable channels to international markets; and
  • Secure third party investment e.g. from a business angel, Venture Capital.

Many companies which secure CSF funding go on to secure funding from Enterprise Ireland’s High Potential Start-Up (HPSU) Fund.