Priming Grant

Summary

A Priming Grant is a business start-up grant, available to micro enterprises within the first 18 months of start-up.

 
Priming grants may be available for sole traders, partnerships, or limited companies that fulfil the criteria outlined under 'Eligibility Criteria'

Details of Priming Grants:

  • The maximum Priming 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 €7,500 per full time job created shall apply in respect of any employment support grant aided

Expenditure may be considered under the following headings:

  • Capital Items - These include fit out of workspace, office equipment, machinery, computer costs hardware & software etc (Note acquisition of buildings and purchase of mobile assets (vehicles, laptops, tablets & smartphones are excluded from grant aid).
  • Salary Costs - For 1st year of employment. This to be paid out in two instalments. The first instalment at the commencement of employment and the second instalment once the employment has continued in existence for a period of six months. The level of grant support should reflect the salary scale proposed for the employment being generated. Staff recruitment costs may also be considered eligible for grant aid.
  • Utility Costs - These include installation costs for telephone, broadband and/or three-phase electricity. (Note mobile phone costs are excluded, as are all types of utility bills and overheads).
  • Marketing Costs - These include strategic marketing costs, such as the fee to a marketing/branding consultant for the creation of a logo/brand; the printing of brochures and business cards when attached to a strategic sales campaign; trade fair costs (exhibition at and/or attendance at); point of sale material/presentation packaging; website design and development, and other marketing initiatives.
  • Consultancy Costs - These include design fees, patent search/advice costs (not patent application fees), architect, accountant and legal fees.
  • Business Specific Training - Costs here refer to specialized management or key personnel training that are required to ensure the growth of the business. Such courses should not be generally available under the Boards general training programmes, and generally are not industry-specific training courses, but rather training on business management topics.

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).

 

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