This initiative aims to develop the market development skills of companies by providing support towards internal costs which they may incur when researching new markets for products and services.
What costs are eligible?
Maximum expenditure limits are:
| Salaries/Wages: |
€1,500 per week (must be existing company staff who are working full time on an agreed market development project whose employment is not being funded by EI or another State source at the same time) |
| Travel: |
Economy class Air/Rail Fares |
| Mileage: |
€0.60 per KM within Ireland and Overseas
Economy Car Hire |
| Subsistence within Ireland* |
24 hr period €200 per day, Day rate €60 |
| Subsistance Overseas*: |
24 hr period €400 per day, Day rate €70 |
* For all out of pocket expenses including hotels, meals, taxis, local fares, incidentals, etc.
Travel and subsistance costs of agreed third party personnel who are involved in market research on new and improved products are processes, including distributor development, supplier interaction, workshops with end users are eligible in addition to those of the Company's own staff.
There must be no element of export aid in this initiative. This means that eligible costs cannot include any support towards the setting up of an overseas office, the setting up of a distribution network or any costs which could subsidise the unit costs of the final products.
Maximum support limits
Market Research is an Enterprise Ireland Category 1 support. Other Category 1 supports include funding for consultancy, recruitment of a key manager , feasibility studies ,market research, mentor network service , trade fair participation and training support.
A cumulative grant limit within a rolling two-year period for all proposals approved under this category of funding. For further information, please discuss with your Development Adviser.
The grant maximum is based on a percentage level of your expenditure and may be reduced if you have raised funds under the BES (Business Expansion Scheme) or SCS (Seed Capital Scheme).
Note Market Research funding to companies is provided under De Minimis Aid. Please click here to find out more about de minimis aid and the limits that apply to it.
Am I eligible?
You are eligible to apply for this funding if you are one of the following:
How do I apply?
Project ideas must be discussed with your Enterprise Ireland Development Adviser prior to submitting a completed application form. If you are not already a client of Enterprise Ireland, please contact your nearest Enterprise Ireland Regional Office.
Grant application forms must be completed and returned prior to the commencement of the project to:
 |
Client Service Unit |
Any expenditure incurred prior to receipt of the application by the Client Service Unit will not be eligible for grant aid.