Innovation Boost

Supporting cross-border business on the island of Ireland through developing and embedding innovation.

Product development and innovation is at the heart of growth but often needs costly technology support. Previously known as Fusion, Innovation Boost can provide that support by helping to fund a high calibre science, engineering or technology graduate and partnering you with a third level institution with specific expertise.

The graduate is employed by you and is based in your company throughout the project (12 – 18 months) with mentoring from the academic partner and InterTradeIreland Innovation Boost consultant.

InterTradeIreland also supports the development of collaborative and innovative cross-border business to business partnerships, where two or more businesses partner to develop a solution to a problem, develop a new product or improve a process.

The projects, which must be aligned with InterTradeIreland’s corporate objectives, can provide support for up to £50,000 per partner which is 50% match funded by the business. Cross-border business to business collaborative innovation projects offer real value to participants and support the development and integration of new knowledge, processes and expertise.

In addition, and if appropriate, an academic partner with expertise in the project area can also provide additional support and knowledge. The academic partner can also help ensure the project deliverables are significant in terms of technology transfer to enable increased competitiveness and efficiency, which supports InterTradeIreland’s remit to facilitate and foster increased collaboration and cross-border trade.

If you would like more information, including eligibility criteria and how we can help your business develop an Innovation Boost Business to Business Partnership, you can get in touch directly by emailing itiboost@intertradeireland.com, by phoning 028 3083 4189 (048 from Ireland) or by using the form below.

• On average, each company taking part in Innovation Boost benefits from over £1 million worth of sales or efficiency savings in the three years following the project
• Develop or improve products, processes or services
• Streamline business processes to increase efficiency and performance
• Develop and implement new technologies, systems or processes
• Improve capabilities in innovation, design and technology
• Reduce costs
• Increase sales

Innovation Boost (previously known as Fusion) can help develop and embed innovation within your business. Watch the videos below to see how it can help you.