Business Expansion Grants

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 What is a Business Expansion Grant?

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

 Who can apply for a Business Expansion Grant?

Micro enterprises (Limited Companies, Designated Activity Companies, sole traders, co-operatives and partnerships) can apply for a Business Expansion Grant to help them to expand the business after the first 18 months of trading. The maximum Business Expansion Grant that can be paid is 50% of the investment or €150,000 whichever is less. Grants between €80,000 and €150,000 are the exception. Only enterprises that clearly demonstrate a potential to graduate to Enterprise Ireland can be awarded grants of this size. In all other cases, the maximum grant is 50% of the investment or €80,000 – whichever is less. (Please note: there is a repayable element of 35% on all Business Expansion Grant approvals.)

For more information and qualifying criteria click here: