M50 Enterprise offers entrepreneurs success route

7 Jan 2008

Budding business people have the chance to develop a viable knowledge-intensive or high-tech idea into a successful firm with the M50 Enterprise Programme offered by the Institute of Technology in Tallaght through its Synergy Centre.

A one-year business launch course, the M50 Enterprise Programme is intended to help those in the early stages of starting a business by offering services such as mentoring, training and coaching.

Those taking part in the course will also have access to other entrepreneurs who can offer advice and assistance, as well as forming an essential part of their business network.

From a practical point of view there are also business incubation facilities available on campus for course members, in addition to Commercialisation Of Research and Development (CORD) funding from Enterprise Ireland if they qualify.

“Entrepreneurs are different. They don’t talk about it, they do it. On the M50 Enterprise Programme we make sure they do it rapidly and follow a disciplined and structured approach,” said Patricia O’Sullivan, programme manager for the M50 Enterprise Programme.

“We guide and support promoters with the assistance of the other members of our delivery team. I understand exactly what they are going through because in the early Nineties I founded, managed and raised venture capital for Softworks Computing and was recognised as ‘Businesswoman of the Year’.

“We work continuously with our participants to help them understand that now is the most important time in ensuring the success of their businesses and we encourage them to network and form peer support groups, while focusing on defining realistic and fundable business plans. I promise that once you leave your comfort zones, you reach your potential.”

She went on to say that this programme is ideal for those thinking about leaving full-time employment to develop a business idea.

The course begins in February 2008 and there are eight places available. The M50 Enterprise Programme has been running since 2001 and previous high-tech participants include Aonta Technologies and Homewise.ie.

By Marie Boran