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Innovation Boost: Funding & Support

Up to £56,000/€67,900 of support available to help fund academic expertise and contribute to the salary of Project Manager to help solve a critical business problem or bring your idea to life.

The Innovation Boost programme supports businesses across the island of Ireland by funding and facilitating innovation projects that help address a technology or skills gap within an established company. Innovation is a key driver of economic growth, and we are committed to helping SMEs develop and integrate new products, services, and processes into their business.

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.

Here’s how it works:

  • Does your business need help to implement change or create something new? Are you struggling to know where to start?
  • InterTradeIreland can help you work out what you want to do and how to go about it. We will provide options for an academic partner to help bring industry expertise to your plans and support a project manager who will deliver the pans within your business.
  • InterTradeIreland assess all applications and if the partnership joint bid gets approved you can receive 50% towards the cost of employing a project manager (to a ceiling) and InterTradeIreland pays 100% of the costs of the academic partner.
  • The project manager will be selected by you and become a full time employee for a fixed term. They are a dedicated resource and are ultimately the way to get access to the industry experts who will actively help develop the solution to a critical problem in your business or make a key innovative idea happen.