ACORNS, which stands for Accelerating the Creation of Rural Nascent Start-ups, is today celebrating a decade of support for female entrepreneurship in rural Ireland with the launch of the 10th cycle of the business development programme. The is a free initiative for early-stage female entrepreneurs based in rural Ireland.
Launching the opening of the call for applications for ACORNS 10, Charlie McConalogue T.D, Minister for Agriculture, Food, and the Marine, said:
“2024 marks a decade of support from my Department for Female Rural Entrepreneurs. This initiative has supported over 400 women in rural Ireland over the last ten years. The programme aims to address the skills, enterprise and capability gaps that female entrepreneurs can face and takes into account the barriers which often limit entrepreneurial activity in rural areas. I am delighted that once again we can target this area and help Female Rural Entrepreneurs to realise their dreams of starting and growing successful businesses.”
The window for applications for ACORNS 10 opens today and closes at midnight, September 20th.
ACORNS is based on the belief that early-stage entrepreneurs learn best from their peers. Participants interact with each other via monthly round table sessions, which are facilitated by a Lead Entrepreneur, who has first-hand experience of starting and successfully growing a business in rural Ireland.
A survey carried out at the end of ACORNS 9 in April of this year revealed that participants increased their total turnover over the course of the six-month programme from €2.8m to €4m (+43%). All participants surveyed said that they would recommend participating in ACORNS to others.
Participants also reported doubling their total workforce to 133, with 59 full-time and 74 part-time staff employed at the end of the cycle – an increase of 67. There were also four new exporters over the cycle.
Some 96% said that their participation brought about practical change within their business, with the same number saying the programme helped them feel nearer to achieving their entrepreneurial ambitions.
There are now up to 50 places available for ACORNS 10 which will run from October 2024 to April 2025. Those wishing to receive an application form for ACORNS 10 should register on the website www.acorns.ie.
Only early-stage female entrepreneurs living in rural Ireland, and who have had no sales before the end of June 2021, are eligible to apply.
More information is available here.
Image source: Department of Agriculture, Food and The Marine