Experiencing pressure on cash-flow? Facing challenges in the marketplace? Let the Enterprise Stabilisation Fund help you!
What is the Fund?
The Enterprise Stabilisation Fund aims to help companies sustain and develop their business during these difficult times. The funding is provided primarily through preference shares, repayable after 5 years and typically at 3% coupon rate.
Companies should be in a position to complete the investment within 6 weeks from Enterprise Ireland approval date.
Who is eligible?
Eligible companies should be:
- in the manufacturing and/or internationally traded services sectors
- judged by Enterprise Ireland to have a sound, robust and sustainable business plan that is financially viable in the medium term
- able to demonstrate financial commitment/contribution of promoters, banks, other investors etc. to the business plan
- businesses who can increase their turnover as the world economy improves
Companies approved such preference shares support can also apply for grant-aid for research and development, and competitiveness projects under existing Enterprise Ireland support programmes.
We can help our clients engaged in sustaining and developing their business in a wide variety of ways, such as:
- Developing action plan and build expertise to manage cash flow and cut costs
- Consultants grants for financial advice
- Key manager grant - financial manager
- Productivity specialists
- Cost reduction specialists
- Mentors
- Accessing buyers and getting new sales
- Overseas networks
- Business accelerators
- Euro market campaign
- Providing funding for development investment and working capital
- Grants for research and development, automation, key skills, skill training and management development
- Preference shares for implementation of business plan to sustain and develop the business
Where can I get more information?
Existing client companies should contact their Enterprise Ireland Development Advisor. Other companies should contact:
 |
Eoghan Hanrahan, Enterprise Ireland
Tel +353 (1) 727 2289 |