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Research & Innovation Minister, Seán Sherlock today launched ‘New Frontiers’, Ireland’s largest entrepreneur development programme.

Announcing the programme Minister Sherlock said:

The focus of the New Frontiers programme is laying the foundations and imparting the entrepreneurship skills needed to move from business concept to reality.

Enterprise Ireland is providing €4.25 million in funding to enable the Institutes of Technology to deliver the programme at a local level. The core element of New Frontiers is a six-month intensive programme which will focus on developing the person’s entrepreneurial abilities, equipping them with the skills they need to run, and crucially to develop, sustainable businesses.

Participants 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.

Minister Sherlock continued:

Enterprise Ireland is working in partnership with the Institutes of Technology to ensure that the participants create sustainable businesses, jobs and economic stability in regional locations. By giving the individuals the skills they need to successfully set up and run a company, they will be capable of replicating that success with other ideas in the future.

The New Frontiers Programme forms part of one of the action points set out in the Government’s recently announced ‘Action Plan for Jobs’ and will have the potential to deliver up to 100 new companies per annum

New Frontiers is a national programme funded and coordinated by Enterprise Ireland and will be delivered locally by 13 Irish Institutes of Technology.

Information on the participating Institutes of Technology is available at www.enterprise-ireland.com/newfrontiers