Business Expansion Grant

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

What Rules Apply?

  • The maximum Business Expansion Grant payable must not exceed 50% of the investment up to a maximum amount of €75,000 (Excluding VAT).
  • Grants over € 80,000 up to €150,000 may be awarded in exceptional cases, where projects clearly demonstrate the potential to graduate to the Enterprise Ireland portfolio / export internationally.
  • Eligible costs include: Capital items, Salary Costs, Rental/Accommodation Costs, Utility Costs, Marketing Costs, Consultancy Costs, and Business Specific Training.
  • A maximum grant of up to €15,000 per full time job will apply to high value jobs attracting over €40k salary. Appropriately scaled back grants will be offered in accordance with proposed salary for lower paid positions.
  • Micro enterprises that have availed of a Priming Grant are ineligible to apply for a Business Expansion Grant until 18 months after the final drawdown date of the Priming Grant.

How Do I Apply?

If you are interested in applying for a Business Expansion Grant you should firstly check the Eligibility Criteria to see if your business qualifies for funding (if you are unsure please contact us directly on 061 557499 or email localenterprise@limerick.ie). Applications are considered on a case by case basis.

Before submitting an application, you will need to complete a Grant Expression of Interest Application so we can assess your needs. A member of our staff will be in contact with you to discuss the next steps.

Click Here to complete Grant Expression of Interest Application.

2021 - Relevant Dates for submission of LEO Limerick Projects

 

Final Dates for Submission to LEO:

Evaluation and Approval Panel Meeting Date

22nd January

Tuesday 16th February

19th March

Tuesday 13th April

30th April

Tuesday 25th May

4th June

Tuesday 29th June

20th August

Tuesday 14th September

8th October

Tuesday  2nd November

12th November

Tuesday  7th December