Published: 4 Minutes read

Irish SMEs can now apply for EI support for Accelerator programme

One of Ireland’s leading AI companies, Galvia AI, will begin running  5-week intensive Accelerator programmes for Irish SMEs from January 2025.

  • ​​Eligible participating companies can apply for funding from Enterprise Ireland’s Digital Discovery Grant, which contributes up to 80% of the costs (up to a maximum grant of €5,000)
  • The Galvia AI-Accelerator is a five-week, hands-on programme created specifically to support SMEs from across all of Ireland to integrate tailored AI solutions to their business. 

December 02, 2024 – Galvia AI, one of Ireland’s leading AI companies, has today announced that eligible Irish SMEs can now avail of support from Enterprise Ireland’s Digital Discovery grant for its new AI-Accelerator programme.

The Galvia AI-Accelerator is a 5-week, hands-on programme, with the first cohort beginning in January 2025, and is designed to help Irish SMEs across Ireland integrate transformative AI solutions into their businesses. 

The company is expected to run one Accelerator per quarter, which costs a total of €4,995. Applications are open for SMEs in all sectors across all of Ireland and can be made at: http://www.galvia.ai/accelerator.

Tap into the potential of AI

The AI-Accelerator is designed to simplify AI technologies and help SMEs from all across Ireland to tap into the potential of their data by offering practical, cost-effective solutions through the power of AI technology.

The AI-Accelerator will be delivered in a hybrid format at Galway’s innovation hub Platform94, and includes options of virtual sessions and in-person workshops. Key partners for the programme include Platform94 and law firm Byrne Wallace LLP, who will deliver workshops on the legal implications of AI. 

Participating SMEs will collaborate with the programme’s experts to develop machine learning models and applications tailored to their specific needs, using their own data to create custom solutions that generate revenue, drive engagement and ensure sustainable growth. 

By the end of the programme, participants will have a clear understanding of what to do with their data and a strategic plan of how to integrate AI into their business.

The aim of Enterprise Ireland’s Digital Discovery grant is to incentivise and support companies to introduce new digital technologies and solutions into their operations. Eligible companies must be supported by Enterprise Ireland, and can now apply for 80% net funding from Enterprise Ireland to participate in the Galvia AI-Accelerator. 

Commenting on the announcement, John Clancy, CEO of Galvia said: “We are hugely appreciative and delighted that Enterprise Ireland is offering support to Irish SMEs that wish to participate in our AI-Accelerator programme.”

“Integrating new technologies can be daunting, but our mission is to show that organisations don’t need huge resources to unlock the power of their data. Our program will guide participants toward a better understanding of how to leverage their data effectively and strategically, providing a clear pathway for integrating AI into their operations.”

Ruairí Ó hAilín from Enterprise Ireland said: “Enterprise Ireland is committed to supporting Irish-owned companies to start, grow, scale and to achieve their global ambition.  Helping companies further understand the capabilities of digital tools such as AI, as they seek to introduce new technologies and solutions into their businesses is key to driving sustainable growth and competitiveness in export markets. We encourage all companies to explore how digitalisation can help their business to grow, including businesses who are eligible to utilise the Digital Discovery grant.”

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About Galvia AI:

Galvia AI is one of Ireland’s leading AI companies. Founded in Galway by John Clancy in 2017, Galvia’s mission is to make artificial intelligence straightforward, accessible and impactful to all businesses, regardless of size or industry. With Galvia’s innovative AI-powered platform, organisations don’t need huge resources to unlock the value of their data and they don’t have to wait long timeframes to see results. By leveraging AI to automate time-consuming tasks and extract valuable insights, Galvia helps businesses accelerate growth and drive revenue through proactive, data-driven decision-making. This transformation takes place in weeks, not years. By simplifying rapid AI deployment and adoption, Galvia supports businesses navigating this new era of transformation.

About Enterprise Ireland’s Digital Discovery Grant:

The aim of Enterprise Ireland’s Digital Discovery grant is to incentivise and support companies to introduce new digital technologies and solutions into their operations. Implementing digital technologies in business can lead to greater efficiency, improved customer experiences, better decision-making, and an enhanced ability to bring better and more diverse products to market. 

To qualify for the grant, applicants must be an Enterprise Ireland client, engaged in manufacturing or internationally traded services who employ 10 or more full time employees at the time of application. For more information, visit the Enterprise Ireland website.

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