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Business : GMIT Innovation Centre Last Updated: 27, May 2017 - 09:47


New Frontiers Innovation - Open Evening
By Maria Staunton
3, Mar 2016 - 08:13

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An Open Evening for our New Frontiers Programme is happening tomorrow evening on Thurs 3rd March at 6.15pm at the Innovation Hub Mayo on the GMIT Mayo Campus.
If you have an innovative business idea with a plan to establish your own company, or you are already at an early stage of development, the New Frontiers Programme can provide you with funding, help and support to accelerate your business development.

Ideally applicants should:

· Have an innovative idea
· Be capable of building a new company
· Create employment
· Generate sales revenue
· Have export potential

New Frontiers is Delivered in Three Phases:

The First Phase will test the feasibility of the proposition. It is the shortest phase (6/8 weeks) and will be conducted on a part-time basis. It will focus on the promoter, product/service, market opportunity, business model and feasibility study.

The Second Phase is much more intensive. Those accepted onto this phase must commit on a full-time basis for 6 months. Office space will be offered for FREE in the GMIT Innovation Hubs. €15,000 funding will be available to all eligible participants.

The Third Phase is built around the business success and growth, getting to the market, exporting, generating employment and attracting investment. This will be full-time over 3 months. KPMG will also be sponsoring €10,000 award fund for the best emerging company on the programme.

Apply early as places are limited. First preference places will be offered to those who return their applications by Monday, 16th March.

The programme will run from Saturday, 28th March.

Further information on this exciting business opportunity is available at:
http://www.gmit.ie/newfrontiers or email ihubmayo@gmit.ie




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