New Frontiers is a national enterprise support programme designed to create sustainable knowledge and technology businesses.
It is perfect for anyone who has been contemplating a new innovative business or is in the process of developing a new product or service in the following areas; food & consumer, communication technology, engineering/electronics, medical devices, biotechnology, pharma, digital media and internationally traded services.
LYIT and IT Sligo is now inviting people to apply for the next programme where their business idea and their capabilities as a potential entrepreneur will be tested.
During this part-time 8 week phase the participants will benefit from workshops on the business value proposition, market research and validation, sales training and financial management. The deadline is 4 January 2013.
Anne Tuohy, Room Junkie, which offers on line advice on home interiors, is currently a participant says, “New Frontiers has been very valuable to me in developing and testing my business idea. I feel I’ve learned an awful lot about growing my business in a very short time. It’s great to exchange information with other participants as well. As a result I believe I’m much further on now with my service.”
The core element of New Frontiers Phase 2 is, a six-month intensive programme which focuses on developing the person’s entrepreneurial abilities, equipping them with the skills they need to run, and crucially to develop, sustainable businesses.
According to Dr. Michelle Connolly Programme Manager, “The focus of the New Frontiers programme is to impart the entrepreneurship skills needed to move from a business concept to the marketplace. In essence surrounding these entrepreneurs with the expertise and information they need to turn their idea into a viable business. I’d particularly like to invite anyone who has been considering a new product or service in the North West to get in touch.”
New Frontiers will be delivered over 3 phases. After phase one is completed, participants will then be selected for the second phase (12 places) based on the viability of their idea, where they will receive financial support of €15,000 from Enterprise Ireland as they focus all their efforts on developing a business during this six-month period.
They will also be given desk space in the Institute of Technology’s incubation centre, one-to-one mentoring, business masterclasses and access to networking opportunities with potential investors.
The New Frontiers programme is now inviting applications before the deadline of 4 January 2013 for a programme start of February 2013. Read what New Frontiers participants have to say at www.newfrontiersnw.ie or download an application form. To apply for the New Frontiers programme or to find out more contact Dr. Michelle Connolly on 087 2868169 or email Michelle.Connolly@lyit.ie.
New Frontiers is funded by Enterprise Ireland it is delivered locally by Letterkenny Institute of Technology and IT Sligo.
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