A Business Expansion Grant is designed to assist the business in its growth phase after the initial 18 month start-up period
Priming grants may be available for sole traders, partnerships or limited companies that fulfil the criteria under 'Eligibility Criteria
Details of Business Expansion Grants:
- The maximum Business Expansion Grant payable must not exceed 50% of the investment or €150,000, whichever is the lesser.
- Grants over €80,000 and up to €150,000 shall be the exception and shall only apply in the case of projects that clearly demonstrate a potential to graduate to Enterprise Ireland and/or to export internationally
- In all other cases, the maximum grant shall be 50% of the investment or €80,000 whichever is the lesser
- Subject to the 50% limit, a maximum grant of up to €15,000 per full time job created shall apply in respect of any employment support grant aided
Expenditure may be considered under the following headings:
Note: If approved, grant funds are not paid retrospectively (i.e. not paid on expenditure paid by the business owner prior to receipt by a LEO executive of the approved application documentation).