We encourage significant R&D projects and will discuss R&D-related projects requiring funding in excess of €3millon over three-years on an individual company basis. Percentage aid rates and amounts of funding available are determined by value for money considerations and EU state aid limits.

To qualify for support, your proposal for investment must represent a significant "step-up" in the development of the R&D function compared with your company's current situation.

Eligible expenditure

This includes additional resources - R&D staff, equipment and facilities along with a programme of R&D projects.

The investment should:

• be an integral part of the strategic development plans of your company
  
• lead to a sustainable and substantial increase in R&D spend as a % of sales
  
• normally be completed within two to three years from date of approval.

Grant Rates

Maximum grant rates are up to 45% of eligible expenditure depending on company size, location and other factors.

How to Apply

Applications should be made via your Development Adviser at Enterprise Ireland or to Shannon Development.

Further Information

Contact your Development Adviser

For Technical Support Contact:

Eoghan Hanrahan Tel: +(353 1) 808 2289