Feasibility / Innovation Grant

The maximum Feasibility/Innovation Grant payable for the BMW Region must not exceed 60% of the investment or €20,000 whichever is the lesser.

Expenditure may be considered under the following headings:

  • Innovation Costs.  Costs under this category may include prototype development, innovative design, research costs, patent costs, and third level college consultancy.
  • Own Labour Research.  Costs under the 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, architect, accountant and legal fees.
  • Miscellaneous Costs.  This may include telephone costs, mileage costs at €0.26 per kilometre, subsistence and overnight costs, air travel etc.  The overall maximum drawdown in this category should not exceed 20% of the overall grant level.
 

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