Menu
24/09/2010
Cross Border Business Initiative Celebrated
Millions of pounds are to be generated by an initiative that facilitates cross-border partnerships and projects between companies, graduates and third level institutions.
Figures released by InterTradeIreland show that its award-winning FUSION programme is set to generate over £250m in increased turnover and cost-savings for participating companies.
The figures have been released to coincide with the graduation of 11 Northern Ireland students from the UCD Michael Smurfit Business School in Dublin.
They are the latest graduates to complete their Post-Graduate Diploma in Management Practice and join the 200 FUSION students that have already graduated from UCD and Dublin Institute of Technology.
Over 85% of FUSION graduates who complete their projects are offered employment by the participating businesses - a sign of the quality of the graduates recruited and the success of the projects undertaken. These were also some of the reasons why the programme won the award for 'The Best Graduate Training and Development Programme' in the gradireland Awards 2010.
Typical projects involve the development of new and innovative products and services, improvements to existing products and streamlining production processes.
Areas such as food, engineering, I.T., manufacturing and in the medical, health and pharmaceutical sectors have been covered. Other areas covered include renewables, recycling and environmental projects, business services and projects in the electrical, electronics & construction fields.
Alan Morrow, FUSION Operations Manager from InterTradeIreland, said: "Businesses today have a greater need than ever to access better knowledge, technology and expertise to help them innovate and succeed.
"InterTradeIreland FUSION graduates are bright, well educated, enthusiastic and keen to learn – making them an asset to progressive SMEs across the island," he said.
"Working together with third-level institutions they have brought an influx of new ideas and helped to spark innovation within the companies they have worked to deliver tangible returns.
"On average, each company taking part on our FUSION programme benefits from over £1m worth of additional sales and efficiency savings in the years following project completion," he concluded.
(BMcC/KMcA)
Figures released by InterTradeIreland show that its award-winning FUSION programme is set to generate over £250m in increased turnover and cost-savings for participating companies.
The figures have been released to coincide with the graduation of 11 Northern Ireland students from the UCD Michael Smurfit Business School in Dublin.
They are the latest graduates to complete their Post-Graduate Diploma in Management Practice and join the 200 FUSION students that have already graduated from UCD and Dublin Institute of Technology.
Over 85% of FUSION graduates who complete their projects are offered employment by the participating businesses - a sign of the quality of the graduates recruited and the success of the projects undertaken. These were also some of the reasons why the programme won the award for 'The Best Graduate Training and Development Programme' in the gradireland Awards 2010.
Typical projects involve the development of new and innovative products and services, improvements to existing products and streamlining production processes.
Areas such as food, engineering, I.T., manufacturing and in the medical, health and pharmaceutical sectors have been covered. Other areas covered include renewables, recycling and environmental projects, business services and projects in the electrical, electronics & construction fields.
Alan Morrow, FUSION Operations Manager from InterTradeIreland, said: "Businesses today have a greater need than ever to access better knowledge, technology and expertise to help them innovate and succeed.
"InterTradeIreland FUSION graduates are bright, well educated, enthusiastic and keen to learn – making them an asset to progressive SMEs across the island," he said.
"Working together with third-level institutions they have brought an influx of new ideas and helped to spark innovation within the companies they have worked to deliver tangible returns.
"On average, each company taking part on our FUSION programme benefits from over £1m worth of additional sales and efficiency savings in the years following project completion," he concluded.
(BMcC/KMcA)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
02 April 2024
BCC Celebrates First Inclusive Entrepreneurship Focused Programme
A fully-funded programme designed to support pre and early stage entrepreneurs experiencing additional barriers to enterprise, concluded with a celebratory event at Belfast City Hall recently. Fifteen Belfast residents benefited from the enhanced mentoring programme, designed and delivered by The Mind Tribe UK on behalf of Belfast City Council.
BCC Celebrates First Inclusive Entrepreneurship Focused Programme
A fully-funded programme designed to support pre and early stage entrepreneurs experiencing additional barriers to enterprise, concluded with a celebratory event at Belfast City Hall recently. Fifteen Belfast residents benefited from the enhanced mentoring programme, designed and delivered by The Mind Tribe UK on behalf of Belfast City Council.
27 May 2009
FUSION Gets Investment Boost
The all-island development agency, InterTradeIreland has announced it is investing nearly £12m in 180 cross-border research and development projects, by 2010, through its FUSION programme. This scheme matches companies with universities or colleges that have the specialist expertise they need and high calibre science and technology graduates.
FUSION Gets Investment Boost
The all-island development agency, InterTradeIreland has announced it is investing nearly £12m in 180 cross-border research and development projects, by 2010, through its FUSION programme. This scheme matches companies with universities or colleges that have the specialist expertise they need and high calibre science and technology graduates.
22 March 2024
11 Administrative Challenges Facing Small Businesses
In today's rapidly evolving business landscape, small businesses are facing an unprecedented array of challenges. From navigating the complexities of technology and compliance to fostering meaningful customer relationships and managing a dispersed workforce, the hurdles can seem insurmountable.
11 Administrative Challenges Facing Small Businesses
In today's rapidly evolving business landscape, small businesses are facing an unprecedented array of challenges. From navigating the complexities of technology and compliance to fostering meaningful customer relationships and managing a dispersed workforce, the hurdles can seem insurmountable.
05 March 2024
Mums At Work To Inspire Businesswomen Across NI
Mums At Work CIC will be showcasing a full day of inspiring speakers at their flagship event Elevate Your Business, later this month. Taking place from 10am-4pm on Monday March 25 at the Tullyglass Hotel in Ballymena, the event is designed for business women who want to take their business to the next level.
Mums At Work To Inspire Businesswomen Across NI
Mums At Work CIC will be showcasing a full day of inspiring speakers at their flagship event Elevate Your Business, later this month. Taking place from 10am-4pm on Monday March 25 at the Tullyglass Hotel in Ballymena, the event is designed for business women who want to take their business to the next level.
15 March 2024
Mums At Work: Entrepreneurs To Share Journey & Expertise
A whole host of local entrepreneurs are set to take to the stage at the Mums At Work Elevate Your Business event later this month.
Mums At Work: Entrepreneurs To Share Journey & Expertise
A whole host of local entrepreneurs are set to take to the stage at the Mums At Work Elevate Your Business event later this month.
-
Northern Ireland WeatherToday:A mostly cloudy start with scattered showers, the showers becoming more isolated and largely confined to the south this morning. Becoming brighter this afternoon, the best of any sunnier spells across northern counties. Northerly winds easing. Maximum temperature 12 °C.Tonight:A dry evening with late sunny spells and some long clear spells overnight. Becoming cloudier across the north towards dawn with a few showers possible. Touch of frost in south. Minimum temperature 0 °C.
