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Food Works generated 1.5m in export sales in 2016

Written by Robert McHugh, on 20th Mar 2017. Posted in Agriculture

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Food Works, the Irish accelerator programme for food and drink start-ups, is seeking to identify a number of high potential start-up food teams with a strong business idea to take part in Food Works 2017. 

The programme which is run by Bord Bia, Enterprise Ireland and Teagasc aims to foster and encourage innovative new product ideas which satisfy a genuine market need while supporting the growth of the Irish food industry on a global scale.
 
Food Works guides successful participants from the initial concept phase through to the development of a winning food product with international appeal and global export potential. This includes the provision of a full range of practical business supports designed to provide participants with an investor ready business plan. 

Among the supports are consumer market research, one-to-one mentoring, technical advice, commercial viability testing in addition to access to fast track access to research and development (R&D) facilities, possible investors and state funding.
 
The 2016 Food Works programme featured eight start-up food and drinks companies. Four of these are trading, three are ready to launch and one is still in development.  €1.5m was generated in export sales in 2016 alone and the Global markets reached span four continents - Europe, Africa, Asia and North America
 
Individuals or companies who would like to learn more about the Food Works programme are asked to register for an introductory meeting on www.foodworksireland.ie in advance of completing a formal application.

A series of regional meetings with the Food Works team are scheduled in the following locations over the next three months:

Dublin               Tuesday, March 28th 2017
Dundalk            Tuesday, April 18th 2017
Galway             Tuesday, April 25th 2017
Dublin               Tuesday, May 16th 2017
Cork                 Tuesday, June 6th 2017
Dublin               Tuesday, June 27th 2017

 
Source: www.businessworld.ie

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