If you are an early-stage entrepreneur with an innovative business idea, Enterprise Ireland’s New Frontiers programme can help. New Frontiers provides supports to increase start-up success, including practical advice, mentorship and funding.
Enterprise Ireland’s New Frontiers Supports Entrepreneurs
Delivered on behalf of Enterprise Ireland by the Institutes of Technology and Technological Universities, New Frontiers offers a combination of practical and interactive workshops, personalised mentorship, co-working space, and funding. We help you reduce risk and dramatically increase your chances of success.
Over three phases, you will gain the confidence and skills to develop your business idea within a supportive and encouraging environment. Learn more about the programme.
New Frontiers is designed for individuals who:
- Are early-stage entrepreneurs
- May be in full-time employment but have the desire to start their own business
- Have an innovative business idea with export and employment potential
- Can show evidence of a commercial market for their proposed product/service
- Have experience, sectoral and/or technical knowledge in the area of their business idea
- Have the drive and ambition required to commit fully to building a successful start-up
How Does New Frontiers Benefit Entrepreneurs?
- It offers regional access to applicants across 14 programmes and 16 locations.
- Open to business ideas from across all sectors including food & consumer products; information & communication technology; engineering & electronics; medical devices; biotechnology; pharma, digital media; cleantech/renewable energy; and eligible internationally-traded services
- Support package valued at €30,000 including €15,000 tax-free stipend in Phase 2, subject to satisfactory performance – no equity is taken in your business
- Further support available in Phase 3 to the value of €10,000+
- Personalised one-to-one mentoring offered by seasoned business mentors from the Enterprise Ireland Mentor network.
- Expert advice and guidance from an experienced programme team, business practitioners, investors and other entrepreneurs within the Institutes of Technology and Universities.
- Access to R&D facilities and specialist expertise from within the Institutes of Technology/Universities, including access to interns and graduates.
- Practitioner-led workshops in all areas of building a business.
- Regular milestone review meetings to monitor your progress.
- Free co-working space (during Phase 2 and 3).
- Support and guidance in the development of a strong business plan.
Learn more about the programme.
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