From Student to First sale (FS2FS)
Financial support in the form of a £15,000 salary subvention to encourage graduates from the education sector into self-employment.
Summary:
Financial support in the form of a £15,000 salary subvention to encourage graduates from the education sector into self-employment.
Eligibility criteria:
To qualify for support students must have graduated within the last six months.
Applicants must have the potential to meet the Invest NI criteria in the context of a new start-up business.
The criteria to become a customer with Invest NI is as follows:
- Reach a turnover of £250K per annum within 5 years; and
- Achieve at least 25 per cent of those sales outside of Northern Ireland.
You will also need to demonstrate growth potential, which is defined as:
- Potential employment growth >= 20 per cent or >=20 jobs within 3 years; or
- Potential external sales growth >=20 per cent or >=£500k within 3 years; or
- Potential increase in GVA / employee >= 20 per cent within 3 years.
Support organisation:
- Invest Northern Ireland
Contact:
Gary McCausland
Email:
gary.mccausland@investni.com
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