Feasibility Grants

Feasibility grants are designed to assist with researching market demand for a product or service and examining its sustainability

It includes assistance with innovation including specific consultancy requirements, hiring of expertise from specialists, design, patent costs, and prototype development.

The maximum Feasibility Grant payable is 50% of the investement or €15,000, whichever is the lesser.  The average Feasibility Study grant successfully awarded is approx €10,000.

You must have the money to spend and you get 50% refund based on receipts (excluding VAT)

What expenditure is eligible under the Feasibility Grant?

  • 50% towards costs of 3rd party consultancy  (Design Fees, Accountants Fees, Legal Fees, Marketing Research)
  • 50% patent costs
  • 50% prototype development costs

How do I apply for the Feasibility Grant?

***You must meet with a Business Advisor before you submit an application form. Click here to find out about how to apply***

 

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