The North West’s aspiring entrepreneurs can now apply for the New Frontiers programme

WestBIC is an Enterprise Ireland partner providing hands-on startup support, funding readiness and investment preparation for early-stage founders in the west of Ireland.

New Frontiers is the only national entrepreneur development programme in Ireland and is now open for applications in the North West.

If you have a business idea that you are considering pursuing, New Frontiers can help you determine its feasibility through Phase 1 of its 3-phase programme. The North West’s next part-time programme begins on January 23rd 2024 and runs for four weeks online, completely free of charge. Applications close on January 19th 2024.

The New Frontiers programme is funded by Enterprise Ireland and delivered in the North West through ATU Sligo and Donegal. Participants have access to co-working spaces at Sligo’s Innovation Centre or Letterkenny’s Co-Lab, one-on-one mentoring, masterclasses, and financial support to accelerate the startup.

The programme provides an integrated and comprehensive set of business development supports to participants through its three phases, with the first phase focused on assessing the market potential of the business idea, namely, market research, defining the USP, target customers & acquisition, the competitive landscape, LEAN canvas & business planning, financials and support in applying for Phase 2. Phase 2 provides support in developing an investor-ready business proposition, while Phase 3 focuses on implementing the business plan.

According to the Programme Manager for the region, Geraldine Beirne, New Frontiers is perfect for early-stage entrepreneurs with an innovative business idea with export and employment potential. The program is designed to drive sustainable economic growth for the region and foster and develop local businesses to become key drivers of employment growth in partnership with key stakeholders such as Local Enterprise Offices, WestBIC, Údarás na Gaeltachta, Local Development Companies, and County Councils.

One of the strengths of the New Frontiers programme is that participants have direct access to the Technological University’s expertise and specialisations in areas such as product development, design for manufacture, renewable energy, sustainable technologies, digital transformation & emerging technologies, design, innovation, creativity & enterprise, and life sciences, health & wellbeing. The research collaboration is complementary and invaluable for early-stage entrepreneurs.

The program’s alumni have achieved considerable success, such as Catherine Devine’s business, Pumpskynz, which offers protective covers for diabetic devices in a range of attractive colours. Catherine said “The New Frontiers programme came at the right time for me in my business. It challenged me to think strategically about how to grow our customer base internationally.”

Apply here for the New frontiers North West Phase 1 Programme (23rd Jan — 15th Feb 2024). Alternatively, visit www.newfrontiersnw.ie for full details.