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Innovation Boost

Accelerate your business innovation with our expert support and funding

Who is it for?

You may be eligible if: 

  • A small or medium-sized enterprise (SME) with 5 – 249 full time employees.
  • An SME which is 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.
  • An SME which is able to demonstrate the need for Innovation Boost technical support.
  • An SME which is able to demonstrate the capacity and commitment to support an Innovation Boost project at senior management level.


Eligibility is subject to terms and conditions. 
 


What do you get?

  • Receive up to £56,000 / €67,900 funding towards an academic expert.
  • Receive 50% towards the cost of employing a project manager (to a ceiling).
  • Develop or improve your products or services.
  • Streamline business processes to increase efficiency and performance.
  • Improve capabilities in innovation, design and technology.
  • Work toward reducing any unnecessary costs in your business and increase sales.

What can it be used for?

  • Over £1 million worth of sales or efficiency savings on average in the three years following the project
  • Development of new products or services tailored to market needs
  • Improved operational efficiencies
  • Enhanced technical expertise
  • Increased revenue potential
  • Strengthened partnerships with academic and industry experts

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