Feasibility Study and Innovation Grants

Feasibility Study and Innovation Grants may be awarded to assist the promoter with researching market demand for a product or service and examining its sustainability. It may cover the costs of market research, product development and other kinds of innovation. It may include assistance with innovation including specific consultancy requirements, hiring of expertise, private specialists, design, patent costs, and prototype development. Expenditure may be considered under the following headings:

  • Innovation Costs
  • Own Labour Research
  • Consultancy Costs
  • Miscellaneous Costs

feasability grant

Feasibility Study Grants are normally subject to an overall limit of €15,000 or 50% of expenditure. Feasibility Study Grants are completely non-refundable.

View Information Leaflet on LEO financial supports.

How to Apply

Application to be made through submit.com. Link below.

Application for Feasibility Grant

It is important to contact a business advisor for guidance before you submit your application form. Telephone 01-414 9000 for more information.

The Process

If any clarification of your application is necessary, you will be contacted by our staff. The application will be considered at the next monthly meeting of our Evaluation Approvals Committee. If approved, you will be notified and asked to sign an agreement which sets out the full terms and conditions of the funding offer.

Drawdown of funding

Information will be provided on the drawdown process at the time of accepting the offer of funding.