Business Expansion Grants

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

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 eligibility criteria
  • You must meet with a Business Advisor before you submit an application form. To do so, complete the Business Support Form. Click here to find out about how to apply

Is your business trading less than 18 months? Check out our Business Start Up / Priming Grant

 

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