Eligibility Criteria For Financial Support

Eligibilty Criteria for Financial Support Header

Eligibility Criteria for Financial Support 

For Financial Support, the Following Criteria Must be Adhered to:

  • There is a market for the proposed product or service
  • Adequate overall finance will be available to fund the project
  • The promoter possesses the management and technical capacity to implement the proposed project
  • Projects to be assisted should have the capacity to create new direct employment, either full/part-time/seasonal or should maintain / sustain existing employment levels.
  • Potential employment level is less than ten employee

General Conditions for Grant Assistance:

  • Grant aid cannot be paid retrospectively. Grant approval must be obtained before the project commences.
  • Grant aid will not be paid in respect of any expenditure incurred prior to obtaining official notification of grant approval from our offices.
  • Payment of grants will be made on the basis of receipted expenditure.

Other Requirements:

  • Compliance with Planning and any legislative requirements
  • Tax Clearance Certificates (Promoter and/or any Sub-contractors)
  • Childcare Facilities must be registered with the Midland Health Board

Ineligible Projects:

  • Projects involving primary agricultural production
  • Projects which are contrary to public policy
  • Duplication of support for projects which would be eligible for assistance from other State
  • Agencies or EU funded programmes
  • Areas of enterprise which involve displacement of existing jobs
  • Retail outlets, professional services
  • Projects with investment costs exceeding €127,000
  • Projects with employees in excess of 10 people
  • Franchises
 

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