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Entrepreneur development programme

ApplicationsareinvitedfortheNewFrontiersPhase1EntrepreneurDevelopmentProgrammeandwillremainopenuntilthe5pmon
the28thApril2016.
Pleasesendyourapplicationformtonewfrontiers@lit.ie
TheNewFrontiersProgrammeisanEnterpriseIrelandfundedprogrammedeliveredbytheHartnettEnterpriseAccelerationCentrein
collaborationwiththeUniversityofLimerick.
Forfurtherinformationontheprogrammepleasecontactnewfrontiers@lit.ieorringMaryCasey061293830

Contents

ApplicationForms

Introduction

ApplicationFormforPhase1for2016

WhatdoesNewFrontiersprovideEntrepreneurs?
AmIEligibleWhoShouldApply?
ProgrammeDetail

Contactnewfrontiers@lit.ieforfurtherinformation
Phase1ApplicationDeadlineis5pmonthe28thApril2016.

Phase1Testingthebusinessidea
Phase2BusinessPlanning

Phase3BusinessDevelopment
HowdoIApply?
KeyContacts/MoreInformation

New Frontiers Entrepreneu...

Introduction
NewFrontiersisIrelandsnationalentrepreneurdevelopmentprogrammethatisdeliveredatalocallevelbytheLimerickInstituteof
Technology.IfyouhaveaninnovativebusinessideaandareplanningtoestablishandrunyourowncompanytheNewFrontiers
EntrepreneurDevelopmentProgrammecanprovideyouwithapackageofsupportstohelpaccelerateyourbusinessdevelopmentandto
equipyouwiththeskillsandcontactsthatyouneedtosuccessfullystartandgrowyourcompany.

WhatdoesNewFrontiersprovideEntrepreneurs?
Traininginallareasofbusinessincludingfinancialmanagement,marketresearch&validation,businessprocess,patenting,product
development,salestraining.
Mentoringfromexperiencedbusinessadvisersandpractitioners.
Officeandotherbusinessincubationfacilities.
15,000scholarshiptocoverfulltimeparticipationinthesixmonthcourse
Networkingwithotherentrepreneursandbusinessdevelopmentagencies.
Introductionstoseedandearlystagecapitalinvestmentnetworks.
Accesstoentrepreneurshipbestpractice,bothnationalandinternational.
Peergrouplearningfromparticipantsintheregionandacrossthecountry.
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EnterpriseSite

AccesstotheexpertiseinEnterpriseIrelandthroughourmarketinformationcentre.
ExpertisefromtheLimerickInstituteofTechnologyandthesupportiveenvironmentoftheHartnettEnterpriseAccelerationCentre.
LaunchedinFebruary2012theNewFrontiersEntrepreneurDevelopmentProgrammeaimstosupportthecreationof100highvalue,
knowledgebased,Irishownedbusinesses,eachyear.

AmIEligibleWhoShouldApply?
TheNewFrontiersEntrepreneurDevelopmentProgrammeistargetedatentrepreneursandearlystagestartupcompanieslocatedacross
Ireland.Theprogrammeisopentoapplicationsfromadiversityofsectorsincludingfood&consumerproducts,information&
communicationtechnology,engineering&electronics,medicaldevices,biotechnology,pharma,digitalmedia,cleantech/renewableenergy
andeligibleinternationallytradedservices.Ideallyapplicantshavethefollowingcharacteristics
Intendestablishingamanufacturingorinternationallytradedservicesbusinessoranewdomesticallytradedservicebusinesswiththe
potentialtotradeinternationally.
ambitiousandhavethecapabilityandcommitmentneededtodevelopasustainablebusiness
growthorientatedplanningtoachieveturnovergreaterthan500,000andcreatemorethanfivejobsinthreetofiveyearstime
Developabusinessthatisbuiltupononastrongfoundationofinnovationand/ortechnology.
Showevidenceofacommercialmarketforyourproposedproductorservice.

ProgrammeDetail
NewFrontiersisathreephaseprogrammethatisdesignedtoprovideanintegratedandcomprehensivesetofbusinessdevelopment
supportstoparticipants.

Phase1Testingthebusinessidea
Thefirstphasewillbeparttimeoveran6weekperiodandwillhelpyoutovalidatethemarketpotentialofyourbusinessidea.These
weekendandeveningworkshopswillprovideinformationandgeneralstartuptraining,allowingyoutoteaseoutyourideasfeasibilityand
toseewhetheraviablepropositionexists.

Phase2BusinessPlanning
Followingacompetitiveselectionprocess,committedparticipantswhohaveastrongvaluepropositionandwhocandemonstratethattheir
businesspropositionhaspotentialtogrowandcreatejobsmaybeofferedaplaceonPhase2.
Ifsuccessful,youwillreceiveintensivesupportforsixmonthstodevelopbothyourownskillsandtoworkupyourbusinessproposition.
Thiswillentailfulltimeparticipationinworkshops,mentoringandregularreviews.Usingthesesupports,youwillfullydetailandvalidate
yourbusinesspropositionandidentifypotentialcustomers,saleschannelsandfundingoptions.
Youmustbeavailableforfulltimeparticipation.Tofacilitatethis,youwillreceiveupto15,000infundingsubjecttosatisfactory
developmentreviews(Incometaxliabilitywillbethesoleresponsibilityoftheparticipant,andindividualsareencouragedtoseek
professionaladviceonthis).
Theaimofthisphaseistosupportyouinyourdevelopmentofaninvestorreadybusinessplan.

Phase3BusinessDevelopment
BusinessesemergingfromPhase2willbeguidedtothemostrelevantgovernmentsupportsthatcanbesthelpthemattheirparticular
stageofdevelopment.Furtherincubationfacilitiesandsupportmaybeavailabletoparticipantsforalimitedperiod,inconjunctionwith
ongoingsupportfromtheIncubationCentreManagementteam.

HowdoIApply?
InterestedapplicantsshouldcontactLITusingthecontactdetailsbelow.Note:noapplicationswillbeavailablefromorconsideredby
EnterpriseIreland.Ifyoubelievethatyouarecapableofbuildingasustainablenewbusiness,creatingemploymentandgenerating
revenueinyourlocality,actnowandapplyforaplaceonIreland'slargestentrepreneurdevelopmentprogramme!

KeyContacts/MoreInformation
Ms.GillianBarry
EnterpriseDevelopment&BusinessLiaison
Manager
Email:Gillian.Barry@LIT.ie

MsMaryCasey
EnterpriseDevelopmentOffice
Email:Mary.Casey@LIT.ie

SimonOKeeffe
NewFrontiersMentor&Coordinator
Email:NewFrontiers@LIT.ie

Phone:061293830

Phone:061293151/0867959269

CONTACT INFORMATION

LIT ENTERPRISE LADDER

ENTERPRISE LINKS

HartnettEnterpriseAcceleration
Centre

TheHartnettCentreispartofLIT's
EnterpriseLadder.This

LIT
NationalFranchiseCentre

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