Business Expansion Grant
The Business Expansion Grant aims to aid business growth following the 18 month start-up period.
Eligible costs:
– Staff salary
– Marketing costs
– Consultancy costs
– Innovation costs
– General overhead costs
– Manufacturing / service costs
Eligible companies:
– Located in an area covered by LEO
– A business whose potential growth can meet the portfolio of Enterprise Ireland
– Has between 1-10 employees
– An internationally traded services or manufacturing business
– A domestically traded service business with the potential for international trade
– Has a need for financial aid
Grant:
– A grant of up to €150,000 or 50% of the eligible investment (whichever is cheaper) will be provided and subject to the following conditions.
– Grants over €50,000 or with a value of €100,000 over three years require the approval of Enterprise Ireland. Link to https://www.enterprise-ireland.com/en/
– Grants between €80,000 and €150,000 will only be administered to companies that suggest the ability to graduate to fit Enterprise Ireland’s portfolio or export internationally.
– If your company does not fit the above criteria, a grant of up to €80,000 or 50% the investment will be provided.
– Businesses who have received a Priming Grant within the past 12 months will not be eligible for the Business Expansion Grant.