Feasibility Grant

Feasibility grants are designed to assist the promoter with researching market demand for a product or service and examining the sustainability of that product or service. The grant helps with innovation costs including specific consultancy requirements, hiring expertise from third-level colleges, private specialists, design, patent costs and prototype development.

The maximum Feasibility Grant payable for the S&E Region shall be 50% of the investment or €15,000 whichever is the lesser. The maximum Feasibility Grant payable for the BMW (Border, Midlands, West) Region shall be 60% of the investment or €15,000 whichever is the lesser. 

Expenditure may be considered under the following headings:

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

Feasibility Grant Application Form

 

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