What Is EI's New Frontiers Programme?
Enterprise Ireland's (EI) 'New Frontiers' programme for early-stage companies is inviting applications for its third instantiation. The initiative's phase one programme will continue to accept applications until May 28, while its phase two programme will do so until March 28.
The programme provides a package of supports for export-oriented startups that are knowledge/technology-intensive. Early-stage startups can apply from a range of sectors, including ICT; engineering and electronics; medical devices; biotechnology; pharmaceuticals; digital media; cleantech/renewable energy and eligible, internationally traded services.
EI's emphasis is on companies with an export focus – particularly those firms with plans to achieve a turnover of more than €500,000 in three to five years. Phase one involves a six-week, part-time programme that helps participants investigate and validate their business's market potential.
The second phase runs for six months on a full-time schedule, with mentoring, workshops and reviews to help develop the business. A €15,000 scholarship is also offered in phase two to help fund participation.
The New Frontiers programme is co-located at The LINC, IT Blanchardstown, and at the Synergy Centre, ITT Dublin respectively. Applicants can contact Claire Mac Namee at Claire.MacNamee@itb.ie, or (01) 8851502, or they can contact Colm Ó Maolmhuire at Colm.OMaolmhuire@ittdublin.ieor (01) 4042025, for further information. (20/03/14)