Helps to create new companies in Ireland where:

• An existing company has successfully developed, for it’s own use, a new product (e.g. a piece of software) or a service (e.g. an efficient back-office process) and they are now considering spinning this out in to a new venture
   
• A company has successfully developed a once-off product or service for a client and now wishes to productise that product or service and spin it out into a new venture