AxisBIC will run the next PSSF Workshop, oprganised by the Irish BICs to assist with Applications for the Pre-Seed Start Fund (PSSF) on Wednesday November 12th from 11:00 – 13:00 on zoom.
At this Workshop AxisBIC and Enterprise Ireland will outline in detail the Pre-Seed Start Fund. In Particular, they will concentrate on
- Eligibility Criteria
- The Application Form
- The Evaluation Process
- The Funding Available
There will be plenty of opportunities to ask questions during the workshop.
About the PSSF:
- Applicants can apply for €50,000 or €100,000 investment which is by way of a Convertible Loan Note (CLN).
Applicants should clearly demonstrate the following key areas:
- Ideally have a Minimum Viable Product (MVP) or live in Beta that proves the product or service has early customer validation.
- A clearly articulated proposition addressing a real opportunity following market research conducted with customers/potential customers.
- A clear execution plan outlined, that identifies key milestones to be achieved, for example identify suitable channels to international markets or technical product development roadmap.
- Evidence of innovation, internationalisation potential and employment capacity. Applicants must demonstrate a clear international market opportunity for the proposed product or service with knowledge of the international competitive landscape.
- A team with experience, domain knowledge and balance of skills (Tech, Commercial, etc.) and commitment to execute on the plan.
