Business Expansion Grant

A Business Expansion Grant is designed to assist businesses in the growth phase, after the initial 18 month start-up period.

What Rules Apply?

  • The maximum Business Expansion Grant payable must not exceed 50% of the investment up to a maximum amount of €75,000 (Excluding VAT).
  • Grants over € 80,000 up to €150,000 may be awarded in exceptional cases, where projects clearly demonstrate the potential to graduate to the Enterprise Ireland portfolio / export internationally.
  • Eligible costs include: Capital items, Salary Costs, Rental/Accommodation Costs, Utility Costs, Marketing Costs, Consultancy Costs, and Business Specific Training.
  • A maximum grant of up to €15,000 per full time job will apply to high value jobs attracting over €40k salary. Appropriately scaled back grants will be offered in accordance with proposed salary for lower paid positions.
  • Micro enterprises that have availed of a Priming Grant are ineligible to apply for a Business Expansion Grant until 18 months after the final drawdown date of the Priming Grant.

How Do I Apply?

If you are interested in applying for a Business Expansion Grant you should firstly check the criteria for assistance to see if your business qualifies for funding (if you are unsure please contact us). Applications are considered on a case by case basis. Before submitting an application, you will need to complete a Grant Expression of Interest Application so we can assess your needs. A member of our staff will be in contact with you to discuss the next steps. Click here to complete Grant Expression of Interest Application.

 

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