Feasibility Grant

Feasibility/Innovation Grants are designed to assist the promoter with researching market demand for a product or service and examining its sustainability.

Expenditure may be considered under the following headings:

  • Innovation Costs. E.g Prototype development, research costs, patent costs.
  • Own Labour Research. Costs under this category may include own labour involved in carrying out research/prototype development. The maximum amount chargeable under this category is € 400 per week subject to the overall maximum under this category not exceeding 20% of the overall grant drawdown.
  • Consultancy Costs. These include design fees, and other consultancy fees.
  • Miscellaneous Costs. This may include telephone costs, mileage costs and travel costs. The overall maximum drawdown in this category should not exceed 20% of the overall grant level.

The maximum Feasibility Grant payable must not exceed 50% of the investment up to a maximum amount of €15,000 excluding VAT.

How Do I Apply?

If you are interested in applying for a Feasibility Study 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). 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.

2023 - Relevant Dates for submission of LEO Limerick Projects:


Final Dates for Submission to LEO                                 Evaluation and Approval Panel Meeting Date   

Friday 31st March                                                                         Tuesday 25th April

Friday 26th May                                                                             Tuesday 20th June

Friday 30th June                                                                           Tuesday 25th July

Friday 8th  September                                                                  Tuesday 3rd October

Friday 3rd  November                                                                  Tuesday 28th November