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Ireland Start-Up Entrepreneur Programme (STEP)

The Start-Up Entrepreneur Programme (STEP) in Ireland is designed for ambitious entrepreneurs aiming to establish innovative businesses that contribute to the country’s economy and job creation. This guide provides an overview of the STEP program, eligibility criteria, and application process.

Overview of the Programme

The STEP program is tailored for entrepreneurs with innovative business proposals that are scalable and have the potential for significant economic impact. Successful applicants are granted residency in Ireland to develop and grow their start-up ventures.

Eligibility Criteria

To qualify for the STEP program, applicants must meet the following criteria:

  • Innovative Business Proposal: Demonstrate a high-potential start-up idea that is innovative, scalable, and likely to create jobs or generate significant revenue.
  • Investment Capital: Show evidence of a minimum funding commitment of €50,000.
  • Financial Self-Sufficiency: Prove the ability to support yourself and any dependents during your stay in Ireland.
  • Good Character: Provide a clean criminal record.
  • Genuine Intent: Present a credible plan for establishing and managing the business in Ireland.

Application Process

The application process for the STEP program involves the following steps:

  1. Submit a Business Proposal:
    • Prepare a detailed business plan highlighting the innovation, scalability, and potential economic benefits of your start-up.
  2. Application Submission:
    • Submit your application to the Irish Naturalisation and Immigration Service (INIS) along with the required supporting documents.
  3. Review by Evaluation Committee:
    • Your application will be assessed by the Evaluation Committee, which determines whether the business meets the STEP criteria.
  4. Decision Notification:
    • Successful applicants will receive a letter of approval allowing them to proceed with residency arrangements.

Visa Conditions

Successful applicants under the STEP program are granted:

  • Residency permission initially valid for two years, renewable for an additional three years upon meeting conditions.
  • Permission to work solely on developing and managing the start-up business.

Renewal and Long-Term Residency

Entrepreneurs can apply for renewal after the initial two-year period if they continue to meet the program’s requirements. After five years of continuous residency, participants may qualify for Stamp 4, granting long-term residency with permission to live and work in Ireland without an additional permit.

Why Choose Professional Assistance?

Applying for the STEP program can be complex, requiring careful preparation and compliance with regulations. Professional advisors can:

  • Help craft a compelling business plan tailored to STEP requirements.
  • Ensure accurate and complete application submissions.
  • Provide guidance on renewals and long-term residency options.

Get in Touch

Ireland offers a fertile ground for entrepreneurs with innovative ideas. Contact us today for expert advice and tailored assistance to guide you through the STEP application process and help turn your vision into reality.

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