Enterprise Ireland announce 40k+ Support for New Businesses

Enterprise Ireland’s New Frontiers is the nationwide programme for ambitious startup founders with an innovative business idea that has the potential to scale and provide employment.

New Frontiers will equip you with the right connections, the right skills, and the right route to capital. We’ll empower you to build a successful and sustainable startup business. Ready to develop your idea and turn it into a revenue-generating business? This is the right time!

New Frontiers is for founders who:

- Are new to business, have experience in a completely different industry, or haven’t yet successfully built or scaled a business.

- Want to leave full-time employment and grow their own business.
- Have an innovative business idea in a commercial market with export and employment potential.
- Have experience, expertise, or other direct insight into the sector/industry their business is in.
- Have the drive and ambition required to commit fully to building a successful startup.

Key features of the New Frontiers programme:

Unlike many accelerator programmes, Enterprise Ireland’s New Frontiers programme does not take equity in your business. The focus is on developing your founder toolkit, giving you skills you can immediately put to work in your business (for example, customer research, marketing, or financial planning).

- National access via 18 locations across Ireland.

- A €15,000 tax-free allowance for one founder/co-founder (Phase 2, subject to performance). Founders participating in all three phases experience a support package valued at over €40,000.
- A community of support offering help, advice, collaboration, and feedback when you need it most.
- Understand the Irish startup ecosystem and how it can help you.
- One-to-one mentoring with seasoned business mentors from the Enterprise Ireland Mentor Network.
- Workshops facilitated by industry experts and experienced founders.
- Networking opportunities and introductions.
- Access to R&D facilities and specialist expertise at the institute or university.
- Investment-readiness preparation, including development of a strong business plan.