Lucinda Creighton will launch her new party on Friday.

Declared candidates will be announced at an event in The Science Gallery in Dublin.

The event will be live-streamed on the party’s website, www.rebootireland.com.

Ms Creighton, a former Fine Gael minister of state for Europe, held a “Reboot Ireland” event on January 2nd with financial adviser and commentator Eddie Hobbs.

That event was also attended by Independent Offaly Councillor John Leahy, who will be joining the party. Mr Leahy, who was elected to Offaly County Council in 2009, has said he wants to tackle the demise of rural Ireland.

Ms Creighton originally indicated a new party could be up-and-running by the end of February.

Ms Creighton and mortgage broker Karl Deeter recently presented a code of conduct prohibiting “cronyism” for members of a new party, to a south Dublin crowd of more than 150 people.