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Innovation Boost

About the programme

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.

Funding available

£56,000/€67,900

18 month support package – worth up to £56,000 / €67,900 typically in the area of new product / service development.

£39,000/€47,400

12 month support project – worth £39,000/€47,400 typically in the area of process improvement.

Am I eligible?

To qualify for financial support through Innovation Boost, your business must be:

  • A manufacturing or tradable services company, located on the island of Ireland (North or South)
  • Financially viable
  • 2 year trading history
  • Understanding of and capacity for innovation
  • Indigenous to the island of Ireland
  • 5 – 249 full time employees
  • Able to demonstrate the need for Innovation Boost technical support
  • Able to demonstrate the capacity and commitment to support an Innovation Boost project at senior management level

Benefits

  • 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

Hear from our exemplars

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.

Innovation Boost Enquiries

A member of the Innovation Boost team will handle your enquiry. You can get in touch directly by email fusion@intertradeireland.com, by phone 028 3083 4189 (048 from Ireland) or by using the form below.

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