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
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