Prior to submitting a Phase I application form, companies must ensure that they satisfy the following criteria:
- Irish/Northern Irish substantially privately owned, managed and controlled companies (incorporated in either the Republic of Ireland or Northern Ireland)
- Turnover in excess of €5 million (£4 million)
- Established for at least 5 years
- Demonstration of superior results over past 3 years (in relation to their peers)
The following companies are ineligible:
- Public companies
- Foreign multinationals and their subsidiaries
- Credit unions/insurance companies/banks/co-ops
- Charities and not-for-profit organisations and their subsidiaries
- Government-owned/public sector agencies
- Partnerships
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