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

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Presentation on theme: "Sligo County Enterprise Board Supports for Start-ups and SMEs Liam Kiely."— Presentation transcript:

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

2  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

3 Training for Small Business Mentoring and Business Advisory services Financial Supports External programmes Promoting an Enterprise Culture Sligo CEB

4 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

5 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

6 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

7  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:

8 Additional Supports for SME’s  Microfinance Ireland – lending to higher risk businesses turned down by banks www.microfinanceireland.ie apply through CEB www.microfinanceireland.ie  Seed Capital Scheme – tax refunds for PAYE workers starting up new eligible companies www.revenue.ie –search IT15 www.revenue.ie  Back to Work Enterprise Allowance unemployed starting in business retain their benefits www.welfare.ie www.welfare.ie  JobBridge – 9 month placement for unemployed in business www.jobbridge.iewww.jobbridge.ie  Revenue JobPlus – payments(€7500/€10000) for those employing unemployed* www.welfare.iewww.welfare.ie

9 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?

10 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?

11 Business Planning  CCAB & Irish Banking Federation Guide  Enterprise Ireland Business Plan Template  Cashflow template http://www.sligoenterprise.ie/Resources/Downloads/Business How?

12 www.sligoenterprise.ie www.facebook.com/Sligo CountyEnterpriseBoard twitter.com/SligoEnterprise

13 Sligo County Enterprise Board Sligo Development Centre Cleveragh Road Sligo  071 914 4779 E-mail: info@sligoenterprise.ie www.sligoenterprise.ie Search Sligo County Enterprise Board Follow us at: SligoEnterprise- http://twitter.com/SligoEnterprise


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