Growing a business is a big undertaking. Whether you’re a start-up with big ideas or an established firm looking to expand overseas, having the right support can make all the difference. That’s where Enterprise Ireland comes in.
This government agency is dedicated to helping Irish businesses succeed—whether it’s through funding, expert advice, or introductions to international markets. If you’re an Irish business owner looking to take the next step, it’s worth knowing what they offer.
At Brand Nova, we’ve seen firsthand how Enterprise Ireland’s support can open doors. As a digital marketing agency that helps businesses maximise their online presence, we know that pairing strong business supports with an effective digital strategy can lead to incredible results.
How Does Enterprise Ireland Help Irish Businesses?
Think of Enterprise Ireland as your business growth partner. They offer a suite of services designed to help businesses at every stage, whether you’re launching, scaling, or entering new markets. Let’s break it down into the key areas they focus on:
Financial Support
Funding is often the first thing people think of when it comes to Enterprise Ireland—and for good reason. They offer grants and other financial supports that help businesses tackle big projects without breaking the bank.
Start-Up Support
If you’re just starting out, Enterprise Ireland can provide vital funding to get your business off the ground. Their Competitive Start Fund (CSF), for example, offers up to €50,000 to innovative start-ups. Meanwhile, the High Potential Start-Up (HPSU) program helps fast-growing businesses with both funding and advice.
Scaling and Market Expansion
For businesses looking to grow or enter new markets, there’s funding for:
- Researching new markets through the Market Discovery Fund.
- Hiring new talent with the GradStart Program, which subsidises graduate hires.
Innovation Grants
Innovation is crucial in today’s fast-changing world. That’s why Enterprise Ireland offers Innovation Vouchers—€5,000 grants to help businesses collaborate with research institutes. These are perfect for solving tricky challenges or developing new products.
Expert Advice and Mentoring
Funding is just one part of the equation. Growing a business also requires strategy, insight, and a clear plan. Enterprise Ireland provides access to expert mentors who can guide you through the process.
Their advisors work with you on everything from creating a market entry plan to managing your operations as you scale. Here’s what their support looks like:
- Mentorship: Experienced professionals offer one-on-one advice tailored to your industry.
- Business Development Advisors: These experts can help you craft long-term strategies, secure investment, and even navigate digital transformation.
This kind of support is invaluable when you’re trying to make the right moves at the right time.
Market Research and International Expansion
Expanding internationally? That’s where Enterprise Ireland shines. They provide businesses with detailed market insights, trade opportunities, and local connections to help make your global ambitions a reality.
Market Research and Reports
Accessing the right data is essential for any business thinking about exporting. Enterprise Ireland provides in-depth market reports that cover:
- Industry trends.
- Potential competitors.
- Regulatory requirements.
Trade Missions and Events
Enterprise Ireland also organises trade missions and events, where you can meet potential partners, distributors, and customers. These opportunities can be game-changing for businesses new to exporting.
On-the-Ground Support
With offices in over 30 countries, Enterprise Ireland has teams that can support you locally. They’ll help you navigate cultural differences, find opportunities, and connect with business networks abroad.
Driving Innovation and R&D
Innovation is a buzzword for a reason—it keeps businesses competitive. Enterprise Ireland knows this and offers several programs to help businesses innovate.
Collaboration Opportunities
Through their Innovation Partnerships, businesses can team up with Irish universities or research institutions. Enterprise Ireland covers up to 80% of the costs for these collaborations, making it easier to develop cutting-edge solutions.
Agile Innovation Fund
Need something quick? The Agile Innovation Fund is designed for short-term projects, offering up to 50% funding for projects lasting less than 12 months.
Export Supports
For Irish firms aiming to grow their exports, Enterprise Ireland has tools to make the process smoother. They offer:
- Market Access Grants: These grants cover travel, trade show participation, and other costs involved in exploring new markets.
- Digital Marketing Capability Support: Helping firms improve their online presence to reach international customers more effectively.
If you’re worried about Brexit, they’ve even got customs training and impact loans to help you adapt to the changing landscape.
Why Should You Work with Enterprise Ireland?
If you’re wondering whether Enterprise Ireland is worth exploring, the answer is a resounding yes. Their supports are tailored to help businesses like yours overcome obstacles and grow strategically. Here’s why they’re invaluable:
- Funding for Big Ideas: From start-up grants to scaling and innovation funding, they make growth more achievable.
- Expert Guidance: With access to mentors and business advisors, you’ll get advice you can trust.
- Market Expansion Opportunities: Whether it’s trade missions or local support in foreign markets, they help you go global with confidence.
- Innovation Focus: Their R&D programs give Irish businesses a competitive edge.
How Brand Nova Can Help
Once you’ve secured Enterprise Ireland’s support, you’ll need a solid digital strategy to make the most of it. That’s where we come in.
At Brand Nova, we help Irish businesses:
- Grow Online: Through SEO, PPC, and social media marketing tailored to your target market.
- Track Performance: Using Nova360, our digital marketing dashboard, to monitor campaign success and make data-driven decisions.
- Generate Leads: With expertly crafted campaigns that attract your ideal customers.
Whether you’re looking to dominate your local market or expand internationally, we’ll ensure your digital strategy aligns with your goals.
Enterprise Ireland is more than just a funding body—it’s a partner in your business journey. With their wide range of supports, from financial assistance to expert advice and market insights, they’re a vital resource for any Irish firm looking to grow and compete globally.
Ready to take your business to the next level? Explore their services on the Enterprise Ireland website and start unlocking your potential.
And when it’s time to bring your marketing strategy to life, get in touch with Brand Nova Digital. Together, we’ll make sure your business thrives.