Who it is for
Founders with an innovative product or service for international markets, who will work full-time on the business, headquartered and controlled in Ireland. Retail, catering and personal services businesses do not qualify.
The main requirements
- Funding of €50,000, from your own resources, loans, angel investors or venture capital, or a mix. Extra founders need less each.
- High potential: the business should be capable of creating 10 jobs in Ireland and reaching €1 million in sales within 3 to 4 years.
- Innovation: a new or innovative product or service for international markets.
- Good character, with no criminal convictions.
How long it takes
Proposals are assessed by an evaluation committee, and decisions can take several months (reported). Your first permission is for 2 years and can be renewed for 3 more. After 5 years you may qualify for long-term residence. Your family can be included.
How Ascend helps
STEP is decided on the proposal. We test whether your idea is high-potential enough, write the business plan with the growth numbers the committee expects and organise your funding evidence. Legal advice is handled by an independent lawyer, billed directly by the lawyer.
Questions people ask
How much money do I need for Ireland's STEP?
The first founder must show €50,000 in funding. It can come from personal resources, loans, angel investors or venture capital, or a combination.
Which businesses do not qualify for STEP?
Retail, catering and personal services businesses are not suitable for the programme.
How long is the STEP permission?
The first permission is for 2 years and can be renewed for a further 3 years. Your family can be included.
Can Ascend guarantee approval?
No. The authorities decide every application. We prepare the strongest possible plan and file and tell you honestly in the clarity session whether your case is ready.
Rules checked October 2026. Immigration rules change; we confirm the current rules for your case in your session.