New LEO Innovation Investment Fund launched

Investment Fund of €1.5m

The LEOs will have an overall investment fund of €1.5 million.  This fund will be available through the network of 31 Local Enterprise Offices, targeting Investor Ready LEO Clients who wish to start, grow, or develop innovative Micro Enterprises. 

Investor Ready Programme

Promotors will apply online and will be selected to participate on a short highly focused Investor Ready Programme. This programme will work with Investor Ready LEO clients who typically will have short term investment requirements, to implement their innovative development plan. The programme will incorporate 1 +1 mentoring to assist the promotor prepare an investor ready plan.

Investor Ready

At the conclusion of the programme you will have the opportunity to make a formal pitch to an Investor Panel to potentially secure a LEO Grant Investment of €25k to fund your innovative business startup or development.

 EXISTING LEO M1 CLIENTS WITH AN INNOVATIVE DEVELOPMENT PLAN WHICH MIGHT INCLUDE

• New Product Launch
• New Process Development
• New Market Opportunity
• Diversifying your existing marketing strategy
• Changing your Business and/or Revenue Model
• Introducing Brexit Proofing Measures to sustain the future development of your business
• Making an addition to your Management Team

EXISTING LEO M2 CLIENTS TRADING FOR GREATER THAN 12 MONTHS

• Manufacturing businesses with innovative products or processes with potential to export
• Traded Services businesses who have an innovative service offering which has the potential to serve international markets
• All sectors are eligible to apply but priority will be given to new start ups in the following sectors: Software/IT, Digital, Creative and Gaming, Food and Agri, Healthcare and Lifesciences, Traded Services included Fintech, Environmental and Cleantech

For more information go to www.liif.ie