Food and drink companies invited to apply for Food Works

0
1365
galway daily news food works 2023
Stuart McNamara, Wexbury Spirits; Aisling Tuck, Naked Bakes; Rachel Byrne, Zingibeer; Giselle Makinde, Cream of the Crop; Kwanghi Chan, EAST by Kwanghi; and Dee Schroeder, Good Brew are currently taking part in Food Works. Photo: Fennell Photography 2023

Food and drink companies from Galway are being encouraged to apply for Food Works 2024, an accelerator programme for high-potential food, drink, ingredients, food science and technology companies.

Combining the resources of Bord Bia, Enterprise Ireland and Teagasc, Food Works has been a driver of innovation in the food sector over the last decade.

The ten-month programme also provides access to grant funding, buyers, mentors and investors.

Successful applicants on the 2023 programme included Zingibeer, GoodBrew, EAST by Kwanghi Chan, Slice of Life, Cream of the Crop, Wexbury Spirits and Naked Bakes.

Speaking about the benefits of the programme, Rachel Byrne from Zingibeer said that Food Works makes you zoom out on the business and think big.

“We’re building a strategy as part of our business plan and you have to ask yourself questions about the direction you want to go in that without the programme you may have put on the long finger,” she said.

“To think at the end of the process we’ll have a really robust pitch and business plan is really exciting and will be a huge asset to the business.”

Food Works was established in 2012 and since then has welcomed over 100 companies through the programme, including hugely successful food and drink brands such as Wicklow Wolf; Nobó, Lismore Food Company, Grá Chocolates and Thanks Plants, to name just a few.

Since the programme began, Enterprise Ireland has invested over €5.64 million in Food Works companies including 20 High-Potential Start-Up (HPSU) and 18 PSSF/CSF investments.

Food Works 2024

Food Works runs annually from February to November. Participating start-ups take part in workshops with national and international industry experts across various disciplines such as strategy, finance, manufacturing and marketing. 

Successful applicants are supported to get investor-ready by developing a comprehensive business plan focussed on scaling internationally. 

They also receive customised support from business advisors, facilitated peer-to-peer learning and may have the opportunity to receive feasibility grant funding of up to €35,000.

The closing date for applications for the 2024 programme is 1 December 2023. Full details and an application form are available at FoodWorksIreland.ie