InterTradeIreland Innovation Boost

The InterTradeIreland Innovation Boost supports cross-border business on the island of Ireland through developing and embedding innovation.

Product development and innovation are at the heart of growth but often need 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 supporting an Innovation Boost project at senior management level
£39,000/€47,400 or £56,000/€67,900