What can we do for you?
Enterprise Boards provide direct financial assistance and ongoing
supports to small business through the following:
Provision of information and
advise on all aspects of establishing and developing a small
business, including advice on a range of financial supports
available to business
- Business mentoring and counselling
- Management development assistance,
in the form of training and management support
- Assistance in e-commerce
development
- Marketing assistance to eligible
projects
- Feasibility Study Grants
- Selective Financial Assistance
(Measure 1) which may be either capital or employment
- Refundable assistance
- Preference Share Investment
- Enterprise Board Certification
for BES investment
- Enterprise Board Certification
for Seed Capital Scheme
Courses & Mentoring:
Waterford City Enterprise Board Ltd., provides a range of support
services to both new and existing businesses in the city.
These include:
- Business Information
- Assistance in business planning
- Counselling and advisory
service
- Provision of an advise and
referral service to enterprises which require tailored solutions
to individual difficulties
- Provision of training programmes
targeted at management development for the owner/manager
- Provision of mentor programme
assistance
Mentoring provides individuals
or companies with temporary advisors to help identify and overcome
obstacles in their development stages
- Access to a range of management
development programme, which offers shared experiences, group
learning and business networks as a method to improve management
in the small business
These services to business are
not confined to grant aided enterprises and can include businesses
providing products or services, which the Board would not normally,
grant aid.
Seed Capital Scheme:
The scheme was introduced in 1993 and extended in 1995.
It provides for a refund of tax paid over five years to a person
who invests and takes up employment in a new company. The company
must be involved in activities such as manufacture, fish farming,
certain tourist traffic undertakings, activities to be carried
out in an exchange facility established in the Custom House
Docks area, research and development and internationally traded
services.
The activities must be certified
by a relevant agency that it is a bona fide new venture.
The certification process was
extended in the 1997 Finance Act to include City / County Enterprise
Boards as a certifying agency.
Please seek further details
from the Revenue Commissioners.
BES Investment:
Companies providing internationally
traded services, which are grant aided by the Enterprise Board,
are now regarded as qualifying companies for the purposes of
assessing BES investment. This change was provided for in the
Finances Act 2001, which amended the Taxes Consolidation Act
1997. The effective date is 6th April 2001.
The service industries that
have been specified by the Ministerial Order (S1 No. 253 of
1998) under Section 3 (I) of the Industrial Development Act,
1986, are as follows:
- Software Development
- Data Processing & Electronic
Commerce
- Technical & Consultancy
Services
- Commercial Laboratory Services
- Administrative Centre, Co-ordination
and Headquarter Services
- Research & Development
Services
- Media Multimedia & Recording
Services
- Entertainment & Leisure
Services
- Training Services
- Publishing Services
- International Financial Services
- Healthcare Services
- Construction Related Services
- Environmental Services
- Logistics Management Services
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