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.

The Process

  1. Complete the expression of interest form at the link above.
  2. This will be reviewed by a member f the Local Enterprise Office Team.
  3. You will be contacted by a Business Adviser with directions on the next steps to take.


Drawdown of funding

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