Outline Business Proposition



Business Proposition OutlineTo establish if the business could be supported by the Local Enterprise Office, we need background information to understand more about the business opportunity, the proposed management and their experience in this market/technology and the development plans/needs of the company. The following list of questions should be answered as best as possible and submitted to the Local Enterprise Office before setting up an initial one-to-one meeting. NOTE: We do not require business plans at this early stage if a business plan has not yet been developed. This template allows you to present your business proposal and for the Local Enterprise Office to provide an opinion on eligibility for financial support.Data Protection: The personal information (data) collected on this form, including any attachments, (which may include the collection of sensitive personal data) is collected for the purpose of processing this application and any data collected is subject to Meath County Council’s privacy statement which can be found at DetailsNameCompany Name (if registered)AddressTelephoneMobileWebEmailSectorFor Internal Office Use:Staff MemberBA Clinic Date & TimeBA Clinic LocationBREXIT Scorecard CompletedGMIS ReferenceBusinessWhat product/service will your business provide? What problem will you solve? What is your competitive advantage?How long have you been working on the business (either trading or in development stage)? Do you have a finished product/offer?When do you plan to start selling your product/service?If a company has been formed, please list shareholders and approximate shareholdings. Please note that company must be registered in Ireland.You / Your TeamTell us in one or two sentences something about you/your team that shows your/their level of ability/experience. Who, if anyone, is currently working full time in the business?Have you ever been involved in a business start-up before? If yes, please detail.The MarketWho are your target customers?Have you trialled your product/service with any potential customers?How will you sell to these customers?Do you currently have any paying customers?From your market research, what makes you think it is a good market for you to enter? What (if any) export markets are you targeting?CompetitionWho are your main competitors? What is unique/different about what you are doing?Why would your project be hard for someone else to duplicate? Do you have intellectual property* in your business? Please expand.*Registered IP in the form of patents, industrial designs, trademarks, short term patent/utility model etc.Financial ProjectionsPlease complete the following: (If you have a more detailed set of financial projections please attach when emailing this form.)CurrentYr 1Yr 2Yr 3SalesNet ProfitExportsNumber of EmployeesFunding Have you received any external funding for the project to date? How much?How much money do you think you need to get your business off the ground? What will it be spent on? Where/from whom do you plan to raise this funding?Have you approached any potential investors?Local Enterprise Office Meath What supports are you seeking from Local Enterprise Office Meath? Please see website for full details of supports available - localenterprise.ie/meath Please complete this form and return to localenterprise@meathcoco.ie or post to Local Enterprise Office, Meath County Council, Buvinda House, Dublin Road, Navan, Co. Meath, C15 Y291. ................
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