The aim of the Business Acceleration Programme is to meet the growth requirements of Enterprise Ireland’s industrial, consumer, software and services clients targeting worldwide markets.
The Programme will connect individual Irish client companies with an in-market Business Accelerator - an industry expert within a specific sectoral and geographical market, with the experience, knowledge and contacts to support the company’s expansion and development into your key export market.
What is a Business Accelerator?
The In-Market Business Accelerators will come from the front lines of industry worldwide, with the relevant sales and marketing experience to advise and guide Irish companies to accelerate their growth in the market and build scale. Business Accelerators will be chosen on the basis of their extensive industry experience and track record of success, and will include:
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Senior executives from in-market technology and services, manufacturing or distribution companies
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Irish executives (based in the target market) who have succeeded in an overseas market
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Senior local buyers, influencers or industry specialists
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Executives from headquarters of multinational companies with plants in Ireland
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Early or recently retired senior executives with appropriate commercial experience and contacts
Each assignment will be tailored to the company’s specific needs. Business Accelerators will facilitate:
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Market entry and business expansion
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Access to high-level market contacts
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Enhanced strategic and actionable in-market information
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Access to new technology
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Valuable feedback on product/service offerings
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Better strategic marketing focus and direction
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Strategic inputs at Board level
What costs are eligible?
Maximum eligible expenditure for consultancy is €1500 per day (being inclusive of travel and subsistence and all out of pocket expenses).
Maximum support limits
There is a cumulative grant limit within a rolling two-year period for all proposals approved under this category of funding. For further information, please discuss with your Development Adviser. The grant maximum is based on a percentage level of your expenditure and may be reduced if you have raised funds under the BES (Business Expansion Scheme) or SCS (Seed Capital Scheme)
Category 1 includes funding for consultancy, feasibility studies, mentor, and trade fair participation support.
Please note that approval by Enterprise Ireland of any grant sought in this application shall be subject to Enterprise Ireland being satisfied:
(a) of the merits of providing grant support to the activity set out in the application
(b) that the approval is in accordance with Enterprise Ireland policy
(c) that the approval is in accordance with the relevant statutory requirements
(d) that there are sufficient funds available to Enterprise Ireland
Am I eligible?
Clients are eligible to apply for this funding if they are one of the following:
How do I apply?
Prior to applying you must do the following:
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Contact your assigned Development Adviser to discuss your application
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Obtain a four digit Application Code from your Development Adviser which will allow you to begin the online application process.
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First time applicants will be required to register on the Enterprise Ireland Online Application System.
Please click here to apply online
Any expenditure incurred prior to receipt of the application will not be eligible for Grant Aid.
Where can I get more information?
Details are available from your Development Adviser or In-Market Adviser.