Supporting Irish tech companies access growth capital
Ireland’s ‘Enterprise 2025’ report sets out clear objectives including a vision for full and sustainable employment by 2025. However, when many Irish technology businesses reach the growth capital or scale up phase, investment can prove to be much more challenging to realise.
Quite often these businesses will seek investment from markets outside of Ireland including the USA, UK and the Far East. But this is difficult, expensive, a distraction and very time consuming for these companies – so what can be done to alleviate this challenge?
That’s why Moore Stephens, in collaboration with private and public sector stakeholders, have set up Tech Trailblazers 2018.
What is Tech Trailblazers 2018?
Tech Trailblazers 2018 is a unique event taking place in London on 25 October 2018 for tech companies based on the Isle of Ireland to pitch their business in front of UK investors representing combined funds in excess of €1 billion.
Moore Stephens, in conjunction with InterTradeIreland and TechIreland, are seeking applications from Irish-based tech companies that are looking for growth capital funding of €5m to €20m.
Is my tech business eligible to apply?
If you are an Irish technology company and have:
- a strong management team;
- trademarks, patents, or have explored your IP potential;
- a sector focus on software and technology solutions rather than hardware;
- the aim for growth capital funding of €5m – €20m and are not a start-up;
- revenue (or be able to demonstrate a run rate) of €1m plus;
- are post-profit (although this will depend on your business model and the backdrop of investment to date).
What are the benefits?
In addition to pitching to UK investors, successful applicants will have exclusive access to an investment readiness workshop, led by the Moore Stephens Corporate Finance team.
What are the next steps?
Click here to submit your application online. Applications are free to submit, but only 25 companies will be successful in making the final cut.
We wish you the best of luck!
Corporate M&A Consultant and Head of Employee Share Incentives
6 å¹´Fantastic initiative from Moore Stephens, well done.