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.

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