Helping Ireland's Entrepreneurs Get Started

Posts Tagged ‘first step’

First Step Microfinance

Sunday, February 7, 2010 By: stephen
Category: Financing, News

first step

Looking for an alternative source of investment capital? Check out first step microfinance.

The goal is the creation of enterprise through self employment and they provide loans of up to €25,000 to start up or expanding new businesses.

First-Step provides loans to people who want to create their own enterprise and who cannot access funding, or sufficient funding, from other sources.

The core goal is to help finance start up and expanding Small and Medium Enterprises (SME’s) to provide job opportunities. They have an application and screening process which evaluates the applications received and stress tests them for likely success based on information received.

First-Step is a private not-for-profit company. First-Step receives funding from Enterprise Ireland through the EU Seed and Venture Capital Fund and the Social Finance Foundation. First-Step is the beneficiary of an SME Guarantee Facility created within the framework of the Competitiveness and Innovation Framework Programme (CIP) of the European Community.

www.first-step.ie