Is Your Business Eligible for LEO DLR Funding?
Our Feasibility Study Grants are designed to assist a business promoter(s) with researching market demand for a product or service and to examine the sustainability of that product or service.
The grant helps with innovation costs including specific consultancy requirements, hiring of specialist expertise, design costs, patent costs and prototype development costs.
- The Feasibility Grant covers 50% of qualifying expenses (excluding VAT), subject to a maximum Local Enterprise Office DLR contribution of €15,000.
Important
- We request that you contact our Enterprise Office prior to submitting an application. If this is a new enquiry, please complete an enquiry form and a business advisor will contact you to discuss eligibility. If you have already spoken to a Business Advisor in LEO DLR please contact them directly to discuss an application.
- An application must be made prior to any expenditure being incurred i.e. Any expenditure incurred prior to the grant application date does not qualify
- The approval of all applications is dependent upon the availability of financial resources under this scheme from the Department of Enterprise, Trade and Employment
Feasibility Grant Funding : Qualifying Expenses
Local Enterprise Office DLR will consider the following grant expenditure headings:-
- Market Research Costs – to develop the business proposition
- Consultancy Costs – to include design fees, architect fees and legal fees
- Technical Development/Prototype/Innovation – to include prototype development, innovative design,
research costs and other relevant technical development costs.
NB. Our LEO will consider third party expenses only.
Application Process
- Please ensure you have contacted LEO in advance of submitting an application - leo@dlrcoco.ie
Upcoming Application Deadlines:
Applications must be received by close of business
- Wednesday 6th March 2024
- Wednesday 3rd April 2024
- Wednesday 1st May 2024
Applications must be received by close of business on the deadline dates to be considered for that round.
The approval of all applications is dependent upon the availability of financial resources under this scheme from the Department of Enterprise, Trade and Employment
Please note: An Irish Language version of the application form is available on request to leo@dlrcoco.ie
For any queries, please email leo@dlrcoco.ie.
LEO Feasibility Grant Funding & Enterprise Ireland's Innovation Vouchers
LEO clients will not be able to draw grants from LEOs and simultaneously avail of Innovation Vouchers made available through Enterprise Ireland’s scheme. Where Innovation Vouchers are accessible to LEO clients, these will be used in preference to the Feasibility/Innovation Grant. This does not preclude clients from subsequently applying for a Feasibility/Innovation Grant if the LEO is satisfied that the business warrants this additional investment.
