Enterprise Ireland offers a number of categories of funding designed to help expand your business and grow exports: -
Enterprise Stabilisation Fund
An initiative aimed at viable but vulnerable internationally trading companies to help them survive the current global downturn by supporting their drive to reduce costs and gain sales in overseas markets and to sustain employment. Sustainable economic recovery will be driven by enterprises focused on increasing their exports of innovative products and services in global markets.
Funding to explore new ideas/new markets
Preliminary funding to explore new ideas/new markets, including Feasibility studies (Ordinary, CORD, GreenTech Support, EU 7th Framework), assistance towards hiring a business mentor, attendance at trade fairs, and consultancy (Strategic, Business Accelerator Programme (BAP) and GreenTech Support consultancy).
Also under the objective of funding new opportunities are the following programmes:
Telecoms Standard Initiative
Funding for Start Up companies
Our High Potential Start Up package matches the financial needs of your new company, by providing finance as you get started and by sharing the risk dynamic with you.
Growth Funding
The Growth Fund is designed to assist our SME clients to achieve greater competitiveness by improving their export potential. This will be achieved by increasing both their gross output and gross productivity, while also providing new employment or maintaining existing employment levels. There are 3 components to the offer:
Our R&D Offer
Our R&D funding supports market-led innovation in manufacturing and services companies. The offer has five elements designed to support manufacturing and services companies;
- Stimulating Research & Innovation
Aimed at companies that are new to product, process and service development activities, these financial supports, including the R&D Stimulation Grant, allow companies to explore how research & innovation can drive their future development.
- R&D Fund: Small Projects
The R&D Fund: Small Projects is a provision under the R&D Fund to support product, process or service project R&D where the expenditure amount is less than €150,000. This may be companies undertaking R&D for the first time or companies progressing R&D activity in the business.
- The R&D Fund
Supporting innovation in services, products and processes.
Companies that are ready to progress to larger projects or want to set their own research agenda can apply to Enterprise Ireland’s R&D fund which supports market-led innovation in manufacturing and services companies.
- Collaboration
Companies can also get funding for collaborative research projects with other companies.
- Innovation Expertise
In addition to the financial supports outlined above, companies can avail of the guidance and expertise of a team of professionals who are experts in building research projects, innovation management and creating value from intellectual property.
Funding for company expansion
Support for activities outlined in an expanding company’s business plan, e.g. investment in capital equipment, job creation, recruitment of key managers, training/management development and R&D.