REDF Deadline Approaching
The deadline for Enterprise Ireland’s Regional Enterprise Development Fund is fast approaching on 18th August. The region welcomes the opportunity presented through the Enterprise Ireland Regional Enterprise Development Fund (REDF), and there is a great deal of optimism that the needs of the region will be looked upon favourably in the process.
The South East APJ Implementation Committee comprises of all of the main stakeholders with a role and remit for enterprise and economic development across the region. The Implementation Committee is anxious to identify actions, initiatives and projects that have the greatest impact in terms of job creation in the region. In this regard, the Implementation Committee established a small working group to undertake a Pareto analysis of the actions contained in the Plan in order to identify a small number of strategic actions (i.e. ‘step-change’ projects) that could be submitted for support under the Enterprise Ireland REDF. The outcome of this analysis was a shortlist of 7 strategic projects that are deemed to fit with the criteria outlined for Stream 1 and Stream 2 project applications under the REDF. The 7 strategic projects identified in the Plan derive from and are aligned with the assets, strong sectors and clusters in the region. Collectively these projects seek to exploit particular areas of opportunity for the region, including in agri-tech, precision engineering and advanced manufacturing, design and innovation capability, entrepreneurship and capacity in life sciences, and service design and innovation in financial services.