Sligo County Enterprise Board Supports for Start-ups and SMEs Liam Kiely

Sligo County Enterprise Board

Supports for Start-ups and SMEs

Liam Kiely

35 County & City Boards, one per Local Authority area

Statutory government agency providing small business supports to micro-enterprise (under 10) – Enterprise Ireland (home owned over 10), IDA (Foreign owned)

A 14 members voluntary board(local business, voluntary groups, business & trade union reps, state agencies, locally elected reps)

Government Restructuring of the CEBs in 2014

Micro-Enterprise and Small Business Division established within Enterprise Ireland

Creation of an enhanced ‘one-stop-shop’ micro-enterprise and small business support model to be delivered through a network of Local Enterprise Offices (LEOs) located within Local Authorities.

The County Enterprise Board Network

Training for

Small Business

Mentoring and Business Advisory services

Financial Supports

External programmes

Promoting anEnterprise Culture

Sligo CEB

Objective: To ensure Owner/Managers & staff have

relevant, up to date business skills

2013 Training Programmes

Start your Own Business Programmes

Basic Book-Keeping & Taxation Programmes

Costing & Pricing Workshops

Finance and Taxation Management Programme

Practical Sales & Marketing Programme

Customer Service – the Key to Business Success

Facebook for Business (Beginners & Advanced)

Using LinkedIn to benefit your Business

Innovation & Competitiveness Programme

Financial Accounting Software Training

Tips & Techniques to increase your Sales

Business Website review clinics

Objective: To support businesses with an identified problem/opportunity

General advisory services at office

Targeted Mentoring in a variety of areas:

Business Planning, Marketing, Market Research, Sales, Financial Management, Sourcing Finance, Human Resources, Operations, IP & patenting, product development, Quality, Safety, Consolidating costs, Social Media & Online Marketing, E-commerce & web etc. or sector specific mentoring

Up to 85% funded

Extensive Mentoring Panel (50+)

Mentoring is focussing on current difficulties facing businesses

cost savings & restructuring, financial management, accessing finance, marketing & new market development

Mentoring & Advisory Services

Objective: To assist eligible businesses with the costs

of start-up or expansion

Targeting eligible businesses

Main Eligibility Criteria:

Value added product or service

Cannot duplicate or displace existing business

Capability, Market, Own financing

Certain sectors ineligible - Professional services, retail, agriculture, trades

1. Priming Grants/Business Expansionary Grants up to 50%

Costs covered Capital,Employment,Marketing,Consultancy,Training,Utility

Generally no more than €10k grant per new job created

2. Feasibility/Innovation Grants 60%, No more than €20k

Costs covered prototype design & development, consultancy, patenting, third level etc.

Financial Supports (Grants) Available

Market Development/Export Support €1500 @ 50%

External Training Support €1500 @ 50%

Sligo Women in Business Programme facilitated network

Tradelinks Programme – cross border mentoring supports

Other Supports

Other Supports include:

Additional Supports for SME’s

Microfinance Ireland – lending to higher risk businesses turned down by banks www.microfinanceireland.ie apply through CEB

Seed Capital Scheme – tax refunds for PAYE workers starting up new eligible companies www.revenue.ie –search IT15

Back to Work Enterprise Allowance unemployed starting in business retain their benefits www.welfare.ie

JobBridge – 9 month placement for unemployed in business www.jobbridge.ie

Revenue JobPlus – payments(€7500/€10000) for those employing unemployed* www.welfare.ie

Business Planning

To convince others

Banks - for finance

Grant Agencies – for finance/business supports

Investors – for investment/expertise

Suppliers – for supplies

To convince me

Why?

Business Planning

Qualifications/Experience - To show you know what your doing

Product Service Description - To tell exactly what your doing(and how you are doing it better/cheaper)

Market Research & Marketing – to show how you are going to make sales

Finance – to show

How you will finance start-up costs

How you will manage cashflow

What?

Business Planning

CCAB & Irish Banking Federation Guide

Enterprise Ireland Business Plan Template

Cashflow template

http://www.sligoenterprise.ie/Resources/Downloads/Business

How?

www.sligoenterprise.ie

www.facebook.com/SligoCountyEnterpriseBoard

twitter.com/SligoEnterprise

Sligo County Enterprise BoardSligo Development Centre

Cleveragh RoadSligo

071 914 4779E-mail: info@sligoenterprise.ie

www.sligoenterprise.ie

Search Sligo County Enterprise Board

Follow us at: SligoEnterprise- http://twitter.com/SligoEnterprise