New Frontiers Entrepreneurial Development Programme
About New Frontiers
New Frontiers is a national entrepreneurial development programme funded by Enterprise Ireland for ambitious individuals with innovative business ideas which have the potential to scale and provide employment.
This programme provides customised support and expertise and is delivered at different stages throughout the year by the South East Technological University (SETU) Carlow and Waterford Campuses. Both Campuses have strong track records of successfully providing a business incubation environment that supports entrepreneurial development and company growth.
How will it work?
This three phase programme will provide, a professional practical support programme targeted at people who are in the early stages of setting up a technology-based or knowledge-intensive business. Training and support will be provided by experienced practitioners through a structured delivery and assessment process which will provide the required assistance and guidance for the development of commercially viable enterprises.
Phase 1: Online and part-time over a 4–6-week period. Phase 1 will help you to research and test the market potential of your business idea.
Phase 2: A full-time 6-month intensive programme and places are offered following a competitive selection process. The focus during Phase 2 is on developing the skills of the entrepreneur and validating your business proposition.
Phase 3: Having successfully completed Phase 2, participants can apply to participate in Phase 3. Phase 3 is a full-time 3-month programme where participants will focus on implementing their business plan by bringing their product/service to market and preparing to acquire further funding.
What is the duration of the programme
The next Phase 1 of New Frontiers will commence on 17th April 2024 at SETU Carlow Campus and will be delivered on a part-time basis. If you would like to be considered for Phase 1 of the programme please submit your completed application form no later than 10th April 2024. The next Phase 2 programme of New Frontiers will commence in August 2024 over a 6-month period.
New Frontiers at SETU Campus
Since 2016, the programme at ERIC has supported the creation of 144 jobs and achieved €7.2M in sales, of which €3.6M were export sales.
- Support package valued at €30,000 including €15,000 tax-free stipend in Phase 2
- No equity taken
- Personalised one-to-one mentoring offered by business mentors from the Enterprise Ireland Mentor network
- Free co-working space in the ERIC building
- Expert advice and guidance through workshops and masterclasses – support and guidance in the development of a strong business plan
- Access to ERIC Centre/SETU Carlow resources and networks
- Peer-group learning from other participants
How to Apply