New Frontiers Entrepreneur Development Programme
New Frontiers Entrepreneur Development Programme
New Frontiers is Enterprise Ireland’s national entrepreneur development programme for innovative, early-stage startups. It is a three-phased programme, based in 14 campus incubation centres across the country. Each year, New Frontiers funds 150 companies.
If you believe that you are capable of building a sustainable new business, trading internationally, creating employment and generating revenue in your locality, act now and apply for a place on Ireland's largest entrepreneur development programme.
Main Benefits of this Programme
- De-risk your business model
- €15,000 tax-free grant
- No equity taken from your business
- Hot-desk and incubation facilities
- Introduction to government and private investment opportunities
New Frontiers Blog
New Frontiers Entrepreneur Development Programme has launched a new, cutting-edge Website and Blog! The New Frontiers blog aims to reach out and attract potential, high-quality applicants to New Frontiers, by showing the benefits of the programme and giving advice to help people thinking of starting their own business. You can find it on www.newfrontiers.ie
And while you are here subscribe to the Blog for all the New Frontiers Updates & Entrepreneur Advice!
“The programme helped us to define our value proposition and to build the team and business plan to raise €600k in seed funding.”
- Stephen Slattery, Zeto
“Successful participation in the programme allowed us to become a recognised High Potential Start Up with Enterprise Ireland.”
- Lorraine Scroope, WizZki Recruit
“The New Frontiers Programme has made me more confident as an entrepreneur. It helped me to face the opportunity and risk in a balanced way.”- Xuemei Germaine, MicroGen Biotech
“We now understand why programmes such as this are often termed ‘accelerators’. The amount we have learned, and the experience we have gained, in this short space of time is amazing.”
- Andrew Kingston, GroupBooked
Am I Eligible - Who Should Apply?
The New Frontiers Entrepreneur Development Programme is targeted at entrepreneurs and early stage start-up companies located across Ireland. The programme is open to applications from a diversity of sectors including; food & consumer products, information & communication technology, engineering & electronics, medical devices, biotechnology, pharma, digital media, cleantech/renewable energy and eligible internationally traded services.
Policy in respect of the minimum age of promoters for support
Support for individuals
In addition to EI’s existing eligibility criteria and/or competitive processes, EI will require promoters to have reached the age of 18 for the purposes of applying for support for feasibility studies, new frontiers (or other entrepreneurship supports involving a financial approval to an individual).
Support for start-up companies
In addition to EI’s existing eligibility criteria and/or competitive processes, EI provides start-up investment support to companies on the basis that they are appropriately registered undertakings. This may include companies where minors are promoters/shareholders in the business and satisfactory legal arrangements are in place such that any necessary obligations undertaken by the minor are guaranteed by an appropriate adult. EI will not offer legal assistance or advice relating to the establishment of such undertakings.
New Frontiers is a three-phase programme that is designed to provide an integrated and comprehensive set of business development supports to participants.
Phase 1 - Testing the business idea
The first phase will be part-time over an 8-10 week period and will help you to validate the market potential of your business idea. These weekend and evening workshops will provide information and general start-up training, allowing you to tease out your idea’s feasibility and to see whether a viable proposition exists.
Phase 2 - Business Planning
Following a competitive selection process, committed participants who have a strong value proposition and who can demonstrate that their business proposition has potential to grow and create jobs may be offered a place on Phase 2.
If successful, you will receive intensive support for six months to develop both your own skills and to work up your business proposition. This will entail full-time participation in workshops, mentoring and regular reviews. Using these supports, you will fully detail and validate your business proposition and identify potential customers, sales channels and funding options.
You must be available for full-time participation in this six month programe. To facilitate this, you may be eligible to receive up to €15,000 in funding subject to satisfactory performance and development reviews.
Phase 3 - Business Development
Businesses emerging from Phase 2 will be guided to the most relevant government supports that can best help them at their particular stage of development. Further incubation facilities and support may be available to participants for a limited period, in conjunction with ongoing support from the Incubation Centre Management team.
How do I Apply?
Interested applicants should go to www.newfrontiers.ie for more information or click here to apply. There you will find the contact details and location of your nearest New Frontiers Incubation Centre and Programme Manager.
Note: No applications will be available from or considered by Enterprise Ireland. Although New Frontiers is a national, standardised programme, the application process and timetable varies from one IT to another.
If you believe that you are capable of building a sustainable new business, creating employment and generating revenue in your locality, act now and apply for a place on Ireland's largest entrepreneur development programme!