County & City Enterprise Boards

Engineers Ireland Conference

Michael Hanley

CEO

West & North Cork Enterprise Board

8th November 2010

County & City Enterprise Boards

35 County & City Enterprise Boards in Ireland

Established in 1993 to fill the perceived gap in supportmeasures to micro enterprise

Funded by Exchequer & EU

(National Development Plan 2007-2013)

Four Boards in Cork:

City, South, West, North

OVERVIEW

County & City Enterprise Boards

Evaluation Committee (6)

Statutory Agency responsible for micro enterprisedevelopment

Company Limited by Guarantee (Industrial Development Act 1995)

Full time staff (average 4)

Voluntary Board Members / Company Directors (14)

County & City Enterprise Boards

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National Development Plan 2000-2006

“CEBs are responsible for ……. Provision of a

comprehensive range of business supports comprising

of business advice, financial assistance and

management training to enterprises employing 10

employees or less ……. Play a pivotal role in assisting

micro enterprise to avail of Enterprise Ireland

services”.

County & City Enterprise Boards

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CEBS’ STRATEGIESFour Stages

Inspiration – Raising awareness of entrepreneurship

Starting – Support for early stage entrepreneurial activity

Enhancing – Encouraging capability building, innovationand increased competitiveness

Growth – Achieving significant growth and maximisingexport orientation

County & City Enterprise Boards

Inspiration - Raising Awareness ofEntrepreneurshipAdvice - First Stop Shop

Promotion - Advertising

– Publications

– Seminars

– Local Heroes

– Schools Enterprise (primary & Secondary)

– Third Level

– Competitions

– Enterprise Awards

– Enterprise Month

Start Your Own Business Courses

County & City Enterprise Boards

Information Seminars

Idea generation workshops

Start Your Own Business Training

Information – First Stop Shop

Referrals – Research Bodies, Third Level, Patent Agents

Finance

Specific Programmes – Women in Business

Support For Early Stage Entrepreneurship Activity

Networks

County & City Enterprise Boards

Partnerships with:

CIT Innovation Awards

Genesis Enterprise Programme

UCC Graduate Enterprise Programme

Advanced Food Programme (new product development)

Advanced Seafood Programme – BIM (new productdevelopment)

Innovation Priority – New Business

County & City Enterprise Boards

Links to Third Level

CIT / UCC – Industrial Liaison

Partnerships

- EPA (SMILE project)

- Irish Exporters

- FSA

Specific Innovation Programmes

- Business Innovation Centre

- Seafood Development Centre

- Advanced Food Programme

Innovation Vouchers

Trade / Exhibition Attendance

Promoting Innovation – Existing Business

County & City Enterprise Boards

Achieving Significant Growth - MaximisingExport Orientation

Export initiatives

• Trading Links Partnership-Cork Meet 2009/2010

• Intertrade Ireland

• Main event

• Company visits

• Agency Linkages

• Small Exporters Scheme

• Referrals to Enterprise Ireland “first flight” programme

County & City Enterprise Boards

Aid towards manufacturing / processing or potentialinternational tradable services

Innovative local services who are not in direct competitionlocally

Must take account of

DEADWEIGHT

(where there is no need for aid i.e. project willproceed regardless)

DISPLACEMENT

(where aid to a project will severely affect a similarbusiness in the area)

Financial Intervention

County & City Enterprise Boards

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Financial Intervention

Priming Grants– maximum €150,000

Business Expansion Grants (not within 18 months)

Equity investment options

Feasibility Study Grants – maximum €20,000

Refundable Aid – At least 30% of financial interventionin refundable format

County & City Enterprise Boards

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Eligible Costs

Employment / Capital /Utility / Marketing /consultancy

Business Specific Training

Accommodation Costs

County & City Enterprise Boards

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Refundable Aid

At least 30% of Enterprise Board financialintervention is in refundable format

On occasions a 100% refundable intervention isapproved

County & City Enterprise Boards

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CONTACTS

www.enterpriseboards.ie

www.wceb.ie

www.corkceb.ie

www.sceb.ie

www.nceb.ie