Is Your Business Eligible for LEO DLR Funding?
Feasibility Study Grant
Our Feasibility Study Grants are designed to assist a business promoter(s) with researching market demand for a product or service and to examine the sustainability of that product or service.
The grant helps with innovation costs including specific consultancy requirements, hiring of specialist expertise, design costs, patent costs and prototype development costs.
- The Feasibility Grant covers 50% of qualifying expenses (excluding VAT), subject to a maximum Local Enterprise Office DLR contribution of €15,000.
Important
- An application must be made prior to any expenditure being incurred i.e. Any expenditure incurred prior to the grant application date does not qualify
- The approval of all applications is dependent upon the availability of financial resources under this scheme from the Department of Enterprise, Trade and Employment
Feasibility Grant Funding : Qualifying Expenses
Local Enterprise Office DLR will consider the following grant expenditure headings:-
- Market Research Costs – to develop the business proposition
- Consultancy Costs – to include design fees, architect fees and legal fees
- Technical Development/Prototype/Innovation – to include prototype development, innovative design,
research costs and other relevant technical development costs.
NB. Our LEO will consider third party expenses only.
LEO Feasibility Grant Funding & Enterprise Ireland's Innovation Vouchers
LEO clients will not be able to draw grants from LEOs and simultaneously avail of Innovation Vouchers made available through Enterprise Ireland’s scheme. Where Innovation Vouchers are accessible to LEO clients, these will be used in preference to the Feasibility/Innovation Grant. This does not preclude clients from subsequently applying for a Feasibility/Innovation Grant if the LEO is satisfied that the business warrants this additional investment.
