Menu
03/07/2013
Minister Launches Competitive Feasibility Fund
The Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, has launched the new Enterprise Ireland €375k Competitive Feasibility Fund aimed at stimulating new start-ups, or expansion of existing business activity in the aviation sector.
This fund, which can provide up to €25,000 per project, is now open for applications, and will remain open until Monday 16 September 2013.
The announcement marks the delivery of a key measure under the Government's Action Plan for Jobs, and is aimed at meeting the needs of the aviation industry and supporting the growth of international aviation companies in Ireland. This initiative also follows on the Government's publication of the 'Shannon Aviation Business Development Task Force Final Report' which is focussed on building an environment which will encourage and support entrepreneurship and business expansion in the aviation sector.
The Competitive Feasibility Fund will support new start up companies or individual entrepreneurs to investigate the viability of a new significant growth oriented business or proposition in the aviation sector. It will also support established companies or groups of businesses to examine the potential for expansion, diversification or spinning out of a new enterprise in the industry. The funding will enable the promoters to reach firm conclusions regarding the project's viability and strategies for developing and commercialising the innovative product or service on international markets.
The fund is open to applications from the Aviation Sector including financial services associated with the sector, Aircraft and Engine leasing, Aviation software and IT, Training, Travel related software and related services, Small Aircraft Assembly, Aircraft Dismantle, Maintenance Repair Operations Airframe and Components, Composite Repair, Parts Manufacture, Aviation Services, and other engineering and technical activities.
Minister Bruton said: "A key part of the Government's Action Plan for Jobs is targeting specific sectors where we have established strengths, and supporting growth and expansion in those areas in order to create jobs. Aviation is one such sector – we already have in place a world-class aviation ecosystem, which offers tremendous potential for new and exciting businesses to carve out opportunities for innovative products and services. "In particular, as part of our plans for the Shannon region, we are targeting the establishment of an international aviation centre of excellence to support growth and jobs in the region."
(CD/JP)
This fund, which can provide up to €25,000 per project, is now open for applications, and will remain open until Monday 16 September 2013.
The announcement marks the delivery of a key measure under the Government's Action Plan for Jobs, and is aimed at meeting the needs of the aviation industry and supporting the growth of international aviation companies in Ireland. This initiative also follows on the Government's publication of the 'Shannon Aviation Business Development Task Force Final Report' which is focussed on building an environment which will encourage and support entrepreneurship and business expansion in the aviation sector.
The Competitive Feasibility Fund will support new start up companies or individual entrepreneurs to investigate the viability of a new significant growth oriented business or proposition in the aviation sector. It will also support established companies or groups of businesses to examine the potential for expansion, diversification or spinning out of a new enterprise in the industry. The funding will enable the promoters to reach firm conclusions regarding the project's viability and strategies for developing and commercialising the innovative product or service on international markets.
The fund is open to applications from the Aviation Sector including financial services associated with the sector, Aircraft and Engine leasing, Aviation software and IT, Training, Travel related software and related services, Small Aircraft Assembly, Aircraft Dismantle, Maintenance Repair Operations Airframe and Components, Composite Repair, Parts Manufacture, Aviation Services, and other engineering and technical activities.
Minister Bruton said: "A key part of the Government's Action Plan for Jobs is targeting specific sectors where we have established strengths, and supporting growth and expansion in those areas in order to create jobs. Aviation is one such sector – we already have in place a world-class aviation ecosystem, which offers tremendous potential for new and exciting businesses to carve out opportunities for innovative products and services. "In particular, as part of our plans for the Shannon region, we are targeting the establishment of an international aviation centre of excellence to support growth and jobs in the region."
(CD/JP)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
15 October 2010
Economy Needs Fillip - Not Cut-backs
Stimulating enterprise and trade must be a priority going beyond public sector cuts says banking economists. According to the Northern Bank's Chief Economist Angela McGowan, decision-makers need to bring forward measures for growing the private sector alongside anticapated proposals to slim the public sector.
Economy Needs Fillip - Not Cut-backs
Stimulating enterprise and trade must be a priority going beyond public sector cuts says banking economists. According to the Northern Bank's Chief Economist Angela McGowan, decision-makers need to bring forward measures for growing the private sector alongside anticapated proposals to slim the public sector.
22 October 2013
Flexjet, LLC Places New Orders For Learjet 85 Aircraft
Bombardier has announced that Flexjet, LLC has placed 30 new firm orders for Learjet 85 aircraft. The options were purchased on September 5, 2013 as part of Flexjet's historic order for up to 245 Bombardier business jets. In addition, Flexjet, LLC, is procuring incremental options for 20 Learjet 85 aircraft.
Flexjet, LLC Places New Orders For Learjet 85 Aircraft
Bombardier has announced that Flexjet, LLC has placed 30 new firm orders for Learjet 85 aircraft. The options were purchased on September 5, 2013 as part of Flexjet's historic order for up to 245 Bombardier business jets. In addition, Flexjet, LLC, is procuring incremental options for 20 Learjet 85 aircraft.
10 September 2019
Council To Help Firms Upskill In Tendering & Procurement
Belfast City Council is setting out to upskill small businesses and social enterprises in tendering and procurement.
Council To Help Firms Upskill In Tendering & Procurement
Belfast City Council is setting out to upskill small businesses and social enterprises in tendering and procurement.
30 August 2019
BCC Launches Tendering Support Programme
Belfast City Council is set to run a free tendering support programme this September to help firms boost their tendering and procurement performance.
BCC Launches Tendering Support Programme
Belfast City Council is set to run a free tendering support programme this September to help firms boost their tendering and procurement performance.
16 July 2019
BCC Offers Tendering Support For Local Firms
Belfast City Council is offering local businesses and social enterprises the opportunity to enhance their tendering and procurement performance through a free programme.
BCC Offers Tendering Support For Local Firms
Belfast City Council is offering local businesses and social enterprises the opportunity to enhance their tendering and procurement performance through a free programme.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
