New Frontiers will consist of Three Phases as follows:
The First Phase will test the feasibility of the proposition. It is the shortest phase (6/8 weeks) and will be conducted on a part-time basis. It will focus on the promoter, product/service, market opportunity, business model and feasibility study.
The Second Phase is much more intensive. Those accepted onto this phase must commit on a full-time basis for 6 months. Office space will be offered for FREE in the IiBCs. €15,000 funding will be available to all eligible participants.
The Third Phase is built around the business success and growth, getting to the market, exporting, generating employment and attracting investment. This will be full time over 3months. KPMG will also be sponsoring €10,000 award fund for the best emerging company on the programme.
The Programme is fully supported by experienced mentors and support is on hand from concept phase right through to commercialisation.
Directions are available at http://www.gmit.ie/presidents-office/visiting-castlebar.html
For those unable to attend the information session further information and application form for the New Frontiers Programme is also available at http://www.gmit.ie/iibc/new-frontiers.html