funding opportunities

FREE EU Funding for Creatives Webinar!

A little earlier in the year, we ran our very first webinar! It was daunting and there was a few minor slip ups but we were really pleased and the feedback we got was excellent! The webinar focused on the topic of EU Funding for Creatives and was delivered as part of our Creative Communities Igniting Change Erasmus+ Project. The great thing about webinars, is that you not only have the opportunity to deliver it to a live audience but you can also then share a recording of the webinar to extend the learning circle even further! And that’s exactly what we are doing with today’s blog post.

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Funding for Creatives

We were delighted to provide Funding for Creatives training to the Upper Shannon Erne Future Economy Creative Craft Group and Leitrim LEO this week to demystify the funding environment for creative businesses. The workshop covered a range of topics including:

  • Funders and programmes at a local, national, cross border and EU levels – what is the best fit for you?
  • Grant seeking basics – maximising your success
  • Developing a compelling application – top tips to craft a winning funding application.

 

Over 20 creatives from across the region took part in a lively and engaging morning. We really enjoyed meeting this group who are a testament to the creativity of our region. Their dedication, passion and commitment to their work was very evident as well as a hunger to grow and learn. The future of the creative economy is truly safe in their hands!

 

See below a copy of the workshop presentation.

 

Working with Craft and Creatives is a big part of what we do. Have you checked out our Craft and Creative Portfolio of work?

We are also working on two very interesting Erasmus+ Creative projects:

 

CEO final logo580 ccic logo rgb
Creative Entrepreneurs Online (CEO) aims to improve training for entrepreneurs in the creative sector, enabling them to harness online business models.Find out more > www.ceo-project.eu Creative Communities Igniting Change will create an effective & replicable model for creative industries training & support within a community environment.Find out more> www.creativecommunities.how

 

FUNDING BLOG, JANUARY 2016

2016 is going to be a critical year for many businesses. As one of our clients explained yesterday ‘we have fought so hard to survive over the last 5 years, now that the business is somewhat more stable, it is time to be brave and grow, to invest and to finally reap some rewards.’

 

 

I think most of us feel like that, it has been a dismal few years, hard to make progress beyond just survival. So as you plan 2016 and how you are going to build that business, have a think about how grant supports can make your investments go further. We have rounded up a few. Please click on the links to bring you directly to programme information.

 

Food Companies – Bord Bia

The good news is that the Marketing Assistance Programme is back in 2016, companies must have a turnover of over €100,000 and Bord Bia reserves the right to limit grants under MAP to three successive years. They tell us that the average grant per company for 2016 is expected to be in the region of €4,000 but we know from experience how important this funding is to achieve marketing progress. The deadline is Friday 22 January 2016.

 

Enterprise Ireland

Enterprise Ireland Innovation Vouchers are on the way and will be open for applications from 20th January, 2016 with a closing date of 3rd February, 2016. Businesses are always surprised how straightforward the application process is and how it can make a real difference to your business- you do not need to be an Enterprise Ireland to apply.We will be writing an application for a food business who wants to work with a college on new product development and to tackle packaging challenges.
2) Enterprise Ireland clients can apply for a Job Expansion Fund which aims to assist client companies achieve enhanced growth through increased employment. The fund provides grant support up to a maximum of €150,000 towards the recruitment of new (non sales) employees over and above a company’s base employment position. So this is for new employment growth, basically you need to take on 3 more employees. Deadline is mid Jan so you need to move on this opportunity immediately.

 

Local Enterprise Offices

Always the first point of call for enterprise supports in each county. The LEOs really are playing a blinder in terms of supporting small businesses, albeit with scarce enough resources. So, if you have less than 10 employees (and I have heard that this threshold is going to change upwards), check them out – www.localenterprise.ie. Each county has their own site therein.

Start ups should be looking at Priming Grants, those in business for 18 months should be looking at Business Expansion Grant and don’t forget the opportunity to get a mentor for your business.

 

In 2016, we would really encourage businesses to get their online trading plans in place. There is 50% support from LEO with a Trading Online Voucher. We have assisted clients such as Chef Sham Sauce to sell their products online with excellent results. http://chefshamsauces.com/

 

Others

We have a client who is launching an EII programme at the moment to bring investment into their growing company. The Employment and Investment Incentive Scheme replaces the Business Expansion Scheme (BES) and allows a qualifying company to raise €15m (€10m prior to 2015) with the annual amount being €5m (€2.5m prior to 2015). Through an approved scheme, an individual may invest up to €150,000 per annum in this scheme. The scheme has been extended to 31st December 2020. It is best to talk to your accountant to see if this scheme would work for your business.

We are expecting and waiting the Leader /Rural Development Programme to open – soon (the cynics in us see the pending election as a kick start for funding programmes)! Watch this space!

 

As always, please feel free to send us an email on info@momentumconsulting.ie with any funding queries you may have.

When you know, you can plan

The search for All Ireland hurling final tickets has begun (feel free to get in touch with any offers!).  So in addition to that September Sunday, thanks to  the Enterprise Ireland Team West Region, we can share  funding opportunity information and deadlines with you in addition to some events that have caught our interest. 

 

  •  New women entrepreneurs – ACORNS: Accelerating the Creation Of Rural Nascent Start-ups is a new programme designed specifically for early stage female entrepreneurs living outside the administrative boundaries of the main 5 cities in Ireland . Programme attached. Application deadline is Friday 11th September. www.acorns.ie
  •  Ulster Bank Business Achievers Awards 2015 open for applications until Friday 25th September.  www.businessachieversaward.com  Last year, www.thefoodhub.com  was a national winner!
  • Competitive Feasibility Fund Agri Business closes 8th September – Details here
  • Competitive Feasibility Fund for the West Region – Details to be announced in September
  • Enterprise Ireland  Innovation Vouchers closes 23 Sep www.innovationvouchers.ie
  • Competitive Start Fund for International Entrepreneurs closes 9 Sep – Details here
  • Manufacturing & Agricultural Competitive Start Fund closes 30 Sep – Details here
  • ICT and Industrial Sectors Competitive Start Fund  closes 30 Sep – Details here
  •  Female Competitive Start Fund opens 11 November, closes 25 Nov – Further details will be available here

 

EVENTS

 

  • 25 Aug  OMiG Blended Marketing, Blended Learning, Blended Networking Seminar, Galway. Details here
  • 27 Aug  ‘The Power of the Pitch’ workshop for regional startups at Bank of Ireland’s Workbench , Mainguard St., Galway. Workshop & Presenter Details attached. No cost to participate.
  • 16 Sep    InterTradeIreland Funding for Growth Advisory Clinic (private 1-1s), Grant Thornton Offices, Galway – Details here
  • 18 Sep    Galway Chamber Venture West, International VC Conference, Bailey Allen Hall,NUI Galway  www.venturewest.ie
  • 5-10 Oct   Startup Gathering Week. Contact Galway Co-ordinator john.breslin@nuigalway.ie  if you would like to get involved.  www.startupireland.ie/startupgathering
  • 21-22 Oct   National Women’s Enterprise Day, Galway  www.nwed.ie
  • 18-19 Nov  Meet West, Hodson Bay Hotel, Roscommon  www.meetwest.ie

 

 And seriously, don’t forget about those tickets!

 

Funding Opportunities, get up to date…

 

 

fishing rods

Just a quick Round Up of Funding Opportunities !

It may be Summer but lots and lots of national funding programmes are looking for applications.  Here are a selection of funding opportunities we are highlighting to our clients:-

 

 

 

 

Dormant Account Funding

Dormant Accounts Funds were originally established in 2001 and since then approximately €149m has been distributed on 3,000 projects countrywide. POBAL have announced that funding of €5.07m, is now being made available (2015).  In summary:-

  • A call for applications was made on June 8th. All applications MUST be online and the deadline for receipt of applications is extended to 3pm on 29th July.
  • The minimum application is for €15,000
  • Decisions on the applications will be made in November and Grant offers will be made in December(2015.
  • The funds will be distributed on eight measures with “Social Enterprise” receiving €1m and the other seven measures getting varying amounts -.Youth Employment, Support for Home carers, Substance misuse, Local Area co-ordination of Disability services., Achieving HIQA standards, Capital grants for Childrens’ Residential Centres,  National Training Initiative for both Adults and Childrens’ Centres, Support for Young people with disabilities and  Non-centre based Respite Services.
  • Under the “Social Enterprise” measure applicants must be able to show that they have traded income.
  •  Check out the detailed programme information on the POBAL website   https://www.pobal.ie/FundingProgrammes/DormantAccountsFund/Pages/default.aspx

 

CEDRA FUNDING FOR SOCIAL FARMING AND LOCAL FOOD-ARTISAN MARKETS

The Minister for Agriculture, Food and the Marine, Simon Coveney TD and Minister of State for Rural Economic Development, Ann Phelan TD have announced part funding for initiatives to advance existing social farming operations and community based markets for food/artisan produce in rural areas (all locations outside the main urban areas of Dublin, Cork, Galway, Limerick & Waterford). These two pilot initiatives, which are independent of each other, operate under the CEDRA Rural Innovation and Development Fund and attract a combined dedicated fund of up to €330,000 which is available for 2015 only.

Social Farming Social farming is the practice of offering, on a voluntary basis, farming, horticultural and animal related work experience as a choice to people who avail of a range of day support services. This CEDRA fund will provide up to 75% grant aid for initiatives that support social farming operations on family farms or in institutional settings. A funding range of €10,000-20,000 is envisaged for approved projects.

The CEDRA micro enterprise funding is available for community based local food and artisan markets and is open to all rural towns and villages with populations of up to 10,000 and offers potential funding of between €5,000-10,000 for development of existing or start-up local food and artisan markets.

Both schemes have limited funding, so proposals will be selected on a competitive basis against the other proposals received and the funds stated objectives.  Application forms and fuller schemes details can be found on the Department’s website at the following links www.agriculture.gov.ie/cedra/socialfarming and www.agriculture.gov.ie/cedra/localfoodmarkets The closing date for applications under both schemes is 14 August 2015. Online applications only are being accepted.

 

Enterprise Ireland fund aimed at overseas entrepreneurs and  Irish  Diaspora

“As I have repeatedly said, we have great entrepreneurs and start-up businesses in Ireland – we just don’t have enough of them,” said Minister for Jobs, Enterprise and Innovation, Richard Bruton, TD

Competitive Start Fund – Mobile Entrepreneurs is a new Enterprise Ireland fund which will make up to €500,000 available to 10 overseas entrepreneurs and Irish diaspora who decide to set up their businesses here. The fund will support start-up businesses in internationally focused manufacturing or internationally traded services. The website for online applications will open on 26 August and close on 9 September 2015. The 20 best applicants will be invited to Ireland to pitch competitively for the 10 available investments. Funding up to a maximum of €1,000 will be paid to the 20 finalists to enable them travel to Ireland. The evaluation of projects is timed to coincide with the Startup Gathering, a national week of events taking place across Ireland from 5 to 10 October

Enterprise Ireland is inviting applications from individuals and early-stage companies of all nationalities. All applicants will have to agree to register as an Irish company before receiving investment from the agency. The majority of the management team/promoters must also agree to be based in Ireland for at least one year post investment. For more information, visit http://www.djei.ie/press/2015/20150713.htm and  http://www.enterprise-ireland.com/EI_Corporate/en/funding-supports/Company/HPSU-Funding/Competitive-Start-Fund-Overseas.html
Dont’t forget, Momentum is here to support you to excel in application preparation – get in touch – orla@momentumconsulting.ie