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Funding & Support

The InterTradeIreland Innovation Boost programme supports businesses on the island of Ireland by facilitating and funding an innovation or tech gap in an established business. Innovation is a key driver of economic growth. Therefore, InterTradeIreland are keen to support SMEs in their quest to integrate innovative products, services or 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? Have no idea where to start?
  • InterTradeIreland can help you work out what it is exactly you want to do. We will provide options for an academic partner to help bring the industry expertise to your plans and support the project manager who will deliver them within your business. InterTradeIreland pay for the academic partner a cost for developing this application.
  • 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 the business and become a full time employee for a fixed term. The project manager is a dedicated resource and is ultimately the way to get access to these industry experts who will actively help develop the solution to a critical problem in your business or make a key innovative idea happen.

Innovation Boost Business to Business Partnerships

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.

Innovation Boost: Start the conversation now

If you have checked the eligibility criteria and would like to discuss how your business can benefit from the Innovation Boost programme, get in touch today.

You can get in contact with us directly by emailing itiboost@intertradeireland.com, by calling us on 028 3083 4189 (048 from Ireland) or by using the form below.

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