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Feasibility Study Grants are designed to help small businesses to research market demand for a product or service and examine its sustainability. It includes assistance with innovation including specific consultancy requirements, hiring of expertise from third level colleges or private specialists, design and prototype development.

Available to
Businesses
Relates to
Business and Economy

Who can apply?

Business Feasibility Study and Innovation Grants may be awarded to individuals or businesses that meet these criteria:

  • The enterprise is exploring the feasibility of a manufacturing or internationally traded service sector business.
  • The enterprise must not employ more than 10 people.
  • The enterprise must be established, registered and operate within the geographic location of the Local Enterprise Office.
  • The enterprise must be run on a commercial basis.
  • The enterprise must show it has a market for its product or service.

How much is available?

The maximum grant payable varies by location:

  • In the southern and eastern region the maximum grant is 50% of the investment or €15,000, whichever is the lesser.
  • In the border, midlands and western region the maximum grant is 60% of the investment or €15,000 whichever is the lesser.

What can the grant be used for?

Expenditure may be considered under the following headings:

  • Market Research
  • Consultancy Costs
  • Technical Development/Prototype/Innovation
  • Salary/Own Labour Research
  • Miscellaneous Costs

How to apply?

To discuss a possible grant application, contact your Local Enterprise Office to request a meeting. Find their contact details here: https://www.localenterprise.ie/Find-Your-Local-Enterprise-Office/

Learn more about your Local Enterprise Office

The Local Enterprise Office is your local first stop shop for seeking information and support on starting or growing a business in Ireland. There is a Local Enterprise Office in each local authority area. With 31 dedicated teams across the local authorities in Ireland, Local Enterprise Offices offer you a wide range of experience, skills, and services. Full details on Local Enterprise Office supports are available at LocalEnterprise.ie.