LEO Wexford can assist in the establishment and/or development of new and existing enterprises (limited company, individuals/sole trader, cooperatives and partnerships) provided that such enterprises/projects are capable of attaining commercial viability and subject to the following eligibility criteria:
- The business is located and registered in County Wexford;
- The enterprise must not employ more than 50 people;
- The enterprise must be established, registered and operate within the geographic location of the Local Enterprise Office;
- The enterprise must operate in the commercial sphere;
- The enterprise must demonstrate a market for the product/service;
- The enterprise must have potential for growth in domestic and/or export markets and also potential for new job creation.
Within the above eligibility criteria there are certain priorities and restrictions:
- Priority must be given to enterprises in the manufacturing or internationally traded services sectors which over time can develop into strong export entities and graduate to the Enterprise Ireland portfolio;
- Salary support may be offered to unique tourism services projects that are focused predominantly on generating revenues from overseas visitors and which do not give rise to deadweight and/or displacement in the local economy;
- This grant aid does not support those areas such as retail enterprises, personal services (eg hairdressers, gardeners, creches etc), professional services (accountants, solicitors etc), construction/local building services, as this is considered to give rise to unacceptable deadweight (where the project would have proceeded anyway) and/or displacement (where the projects imply displace business from other players in the market).
- The sector of the economy in which an enterprise is operating or intends to operate
- The size or proposed size of the enterprise
- Any expenditure incurred, prior to receipt of application form, will not be eligible for grant support.
What is an Internationally Traded Service?
Internationally traded service businesses, over 50% of trade must come from overseas customers and details of overseas customers must be provided.
The Industrial Development (Services Industries) Order 2010 sets out the services that qualify for support from the enterprise development agencies.
- Data processing and electronic commerce
- Technical and consulting services
- Commercial laboratory services
- Administrative/service centres, co-ordination and headquarters services
- Research and development services
- Media, multimedia and recording services
- Entertainment and leisure services
- Training services
- Publishing services
- International Financial services
- Healthcare services
- Construction related services
- Environmental services
- Supply Chain Management and Logistics Management services
- Commercial international standards bodies
- Technology test centres
- Prototype laboratory services
- Intellectual property services
- Group Procurement
- Shipping services
- Education Services