Feasibility (Innovation) Grant

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

It includes assistance with innovation including:

  • Innovation Costs: Costs under this category may include prototype development, innovative design, research costs, patent costs and third level college consultancy.
  • Consultancy Costs: These include design fees, architect, accountant and legal fees.
  • Miscellaneous Costs: This may include subsistence & overnight costs, air travel etc. The overall maximum drawdown in this category should not exceed 20% of the overall grant given.

The maximum Feasibility Grant payable is 50% of the investment or €15,000, whichever is the lesser. 

Note: VAT is excluded, own labour research costs are excluded and payments to state bodies including local authorities are excluded.

How can I apply for the Feasibility Grant?

Contact us today to discuss your needs with one of our business advisers.

 

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