3. Challenges
Lack of available funds
Confusion over how
funds can be obtained
Preparing entrepreneurs to
start & run their own business
€
?
Focussed Issues
4. Inspiration
Great idea, passion & energy
Experience
Limited business experience
(1 year since idea generation)
Resources needed
Free advice, time, guidance,
a business partner, funding &
clear, accessible information
Alison
Sole trader looking to
develop her business
Developing a product,
but not yet producing
Applied for grants,
but ineligible for
various reasons
9. → → →
How it Works
Individual
comes up with
idea for startup Meets with mentor
to discuss potential
funding options and
feasability of project
Existing funding options
are explored, and the
most suitable is pursued
Startup
Day1
Fast track → Feasable idea →
Medium track → Idea needs development →
Slow track → Unfeasable idea →
11. Justin (Mentor)
Mentoring the individual to prepare for funding
Coaching around idea assessment,
individual suitability and skills
Encourage business training & skills development
Unlock the mystery of starting a business in Dublin
Help to develop business and feasability plans
Advise on applying for relevant funding
Further advice
Sales marketing
Cashflow support
Roles (Stage 1)
Roles (Stage 2)
Business administration
Developing staff team
Justin (Entrepreneur)