In 2013, nearly 100 entrepreneurs applied for Phase One of Enterprise Ireland’s prestigious New Frontiers programme in 2013. Thirty of these were selected and all of whom presented in a “Dragon Den” style pitch to get on to Phase 2. Our company, presenting the MediStori as our first product, were one of 13 to get on to this Phase.
Starting the programme, we learned that we had access to worldwide renowned business mentors and entrepreneurs and were also were landed with a €15,000 start up fund. With bimonthly reviews by the New Frontiers team, we had to prove we were putting our market research, product development and business methodologies and strategies into action.
Upon completion of Phase 2, we were given the option to present again to get unto Phase 3. Eight of the thirteen entrepreneurs were picked – and again, we were one of them!
I highly recommend this programme to any entrepreneur as what I learned from the team and business mentors is invaluable and I put it into practise on a daily basis in my own business. So it’s onwards and upwards from here on in!