The Business Expansion grant is designed to assist the business in its growth phase after the initial 18 month start-up period
Business Expansion grants may be awarded to sole traders, partnerships or limited companies that fulfil the following criteria:
- A business employing up to 10 employees
- Established, registered and operate within Dublin City area
- Must operate commercially
- A manufacturing or internationally traded services business
- A domestically traded service business with the potential to trade internationally and also potential for new job creation
- A business that had availed of a Priming Grant will be ineligible to apply for a Business Expansion grant until 18 months after approval/drawdown date of Priming Grant whichever is the later
- Salary supports may be offered to unique tourism services projects that are focused predominantly on generating revenues from overseas visitors and which would not have occurred anyway without our support and/or do not displace existing projects in the local economy
Eligible Costs:
Salary Costs
For 1st year of employment this will be paid in two instalments. The first year of employment at the commencement of employment and the second instalment once the employment has continued in existence for a period of six months. The level of grant support should reflect the salary scale proposed for the employment being generated.
- Job creation costs average €10,000 per person for salary €30,000 or higher
- Job creation costs average € 7,500 per person for salary <€30,000
The maximum Business Expansion Grant that can be paid is 50% of the investment. The average Business Expansion Grant successfully awarded is approx €35,000 depending on the number of jobs created.
Terms & Conditions:
- Must be at least one new full-time paid job created
- A current valid Business Tax Clearance Certificate required
- A portion is refundable - refundable portion 30% refundable
***You must meet with a Business Advisor before you submit an application form. Click here to find out about how to apply***
Is your business trading less than 18 months? Check out our Priming Grant