IMPLEMENT THE PLAN
New Frontiers is the national entrepreneurial development programme for ambitious early-stage entrepreneurs with innovative business ideas which have the potential to scale and provide employment. It provides the skills, support, and confidence needed to make the leap to starting a successful business. The programme runs for three phases, Phase 1 “Test the Idea”, Phase 2 “Develop the Business” & Phase 3 “Implement the Plan”.
PHASE 3
Our Offering
Phase 3 “Implement the Plan” is
a 3-month programme
which is
only
open to those who
successfully completed
the Phase 2
“Develop the Business” Programme. This
programme is tailored
to those
who secure a place – participant input in essential to maximise the tailoring
& relevance of this programme.
Key Benefits
- Further support package valued at €10,000+
- Co-working space for a further 3 months
- Tailored Workshops facilitated by experienced facilitators
- Introduction to government and private investment support opportunities
- Peer to peer networking opportunities and learning, potentially with other Phase 3 participants
Funded Phase 3 Programme
Access to all the key benefits above plus:
- 3-Month continuation of the tax-free stipend worth €7,500 - subject to satisfactory performance
- Strategic mentor Panel Session (with EI Mentors)
Unfunded Phase 3 Programme
Access to all the key benefits above plus:
- Additional 3 x one-to-one mentoring sessions with EI Mentors
Who is this for
Individuals who
completed the PHASE 2 PROGRAMME
that
have:
An Innovative Idea
that has the
potentia
l to
become an
EI HPSU
(High Potential Startup) Client (ie. Has the potential
in 3 years to have a turnover of €1m with 10 employees).
Commercial Market Potential
- Can show clear evidence
of a commercial market for their proposed product/service with the market size
& potential for the business clearly defined and articulated.
Compelling value Proposition
(CVP) There is a CVP
that has been
validated
by customers/ potential customers.
Are Ambitious
&
Growth Orientated
– Have
the drive & ambition required to commit & engage fully in all aspects
of the programme to accelerate their startup.
Your New Frontiers Journey
A 3-month programme
“Implement the Business Plan” open to
those who have successfully completed the Phase 2 ”Develop the Business”
Programme.
The programme is for early-stage entrepreneurs with little or no experience in starting a business who are based, and intend to run their business, in Ireland. The programme is open to applicants over the age of 18 from a range of sectors including:
Those with business ideas in the following sectors should begin their journey at an earlier Phase:
Food & Consumer Products
Engineering & Electronics;
Medical Devices
Biotechnology
Pharma
Digital Media
Cleantech / Renewable Energy
Eligible Internationally Traded Services
Next Programme
April 2025
July 2025
You must apply to
& complete phase 2 successfully to be eligible for this programme.
FAQ?
We welcome your queries please reach out to the team with any questions regarding the programme, your commitment, eligibility.
Schedule a phone call, zoom or meeting with us.
In advance of each programme closing date, we will hold Information Sessions – Book via Events Page
This phase can not be applied to directly. It is only open to those to complete phase 2 successfully. It is a competitive application to secure a place.
A High Potential Start-up (HPSU) can be defined as a company that is internationally focused and has the potential to employ at least 10 persons within 3 years of starting and to generate revenues of at least €1million. (defined by Enterprise Ireland)
We typically have 2 funded phase 3 places each year (participants benefit from the continuation of the stipend payment & a strategic mentor panel session). We also offer unfunded phase 3 places (these participants do not receive the stipend payment or strategic mentor panel session) however they have access to all workshops, events, desk space & get an additional 3 mentor sessions with their current EI Mentor).
Individuals are eligible to apply for, or to be in receipt of, at any given time, ONE of the following State supports awarded through public bodies: New Frontiers P2/P3 stipend, HPSU Start feasibility, EI Commercialisation Fund, Foodworks, Pre-Seed Startup Fund (PSSF), LEO Feasibility, Udaras Na Gaeltachta Feasibility. Disclosure of any funds received is required.
We will need confirmation of the details & will revert to you.
Failure to disclose any funding received or applied for at time of application may result in the suspension of future stipend payments.
Alumni Testimonials
"New Frontiers helped me to ask and answer questions
about my business that I’d not considered before. I’m a stronger entrepreneur and have a
stronger business after this programme". 10/10
Allen Wixted, CEO Plop (Phase 3)
"New Frontiers Phase 3 accelerates your growth and progress at a rate that otherwise would not be possible. Going into Phase 3 you have a really strong & well-rounded business plan you want to implement with the support of the team & mentors who help you face your strategic & operational challenges. You have an encouraging close-knit peer group that really want each other to succeed. The one-to-one mentorship sessions allow you to really dissect a problem or query and work it through with someone that has a wealth of experience. At the end of phase 3 we felt that we knew our roadmap for the next 12 months. We had identified all major risks and had a strong actionable, accountable and measurable plan of what successful progress looked like."
James Power (AgriGuardian)
"Securing Phase 3 of New Frontiers was a real boost for Emotionise. Not only did it continue to provide much needed support, but it was a real validation of my research and work and most importantly, of my idea."
Marie Toft, Emotionise
How New Frontiers can benefit you
Hannah Wrixon,
Alumni
Mike Cantwell,
Head LEO Limerick
Gillian Slattery,
Enterprise Ireland
