Overview of the Technical Feasibility Grant
The aim of the Technical Feasibility Grant is to support the cost of a company to undertake a technical study into;
- the development of new products, technologies, processes or internationally traded services.
- the improvement/redesign or development of existing products, services or processes.
- the viability of extending or expanding company facilities to meet increased operational capacity needs.
- investigating the potential or application of new technologies or licensing in new technologies.
- research and develop a project proposal for submission for EU funding under Framework Seven (FP7).
The purpose of the study is to provide the necessary information to enable the company (and Enterprise Ireland) to come to firm conclusions regarding the project's viability.
Typical elements involved in carrying out a feasibility study include:
- Prototyping and design
- Manufacturing process assessment
- Plant evaluation and selection
- Raw material sourcing
- Cost analysis
- Negotiating with potential joint venture partners or obtaining a manufacturing license may also be included
- Market research - Note studies solely based on market research are not eligible for assistance under this grant offer - see Internationalisation Grant
Am I eligible?
You are eligible to apply for a Technical Feasibility Grant if you are an Enterprise Ireland client or potential client of Enterprise Ireland and meet both of the following criteria:
- Engage in an eligible service activity or manufacture in the Republic of Ireland
- have 10 or more employees.
If you are a High Potential Start-up Company (HPSU) seeking Feasibility Grant support, go to HPSU Feasibility Study Grant.
If you are not a client of Enterprise Ireland and employ less than 10 employees, you should contact your local City or County Enterprise Board.
What is the maximum feasibility grant and what costs are eligible?
The maximum grant funding available for a Technical Feasibility Study is 50% of eligible expenditures to a maximum grant of up to €35,000. Applications are considered on a case-by-case basis and the level of funding will be determined following assessment of;
(a) the merits of providing grant support to the activity set out in the application
(b) the need for financial support
(c) previous funding provided to the company
(d) potential for employment and sales growth
Maximum Limits and Notes
|Salaries and Overheads|
- Only available to companies employing less than 50 employees. If the company is part of the group, group employment must be less than 50 employees to apply for salaries and overheads.
- Maximum salary support of €1,000 per week (€200 per day) for a maximum of 12 weeks (60 days) per employee.
- Only time spent on the proposed project by employees of the company can be applied for.
- Support for external consultants must be applied for in the Consultancy Fees section.
- Employee time spent attending Trade Fairs is ineligible.
- Overheads of up to a maximum of 30% of eligible salary costs can be applied for.
|Foreign Travel and Subsistence|
- Only Travel and Subsistence costs for overseas trips related to the proposed project are allowed.
- Foreign Travel and Subsistence costs must be for company employees.
- Subsistence rate is to cover all out of pocket expenses including hotels, meals, taxis, local fares, incidentals etc.
- If Foreign Travel and Subsistence is for Trade Fairs, it is limited to 5 employees.
- Eligible Travel Costs: Economy Air/Ferry or Rail Fares, Mileage (60c per kilometre) or Economy Car Hire (note: mileage cannot be claimed on Hire Cars)
- Eligible Subsistence Rates: Overnight Rate - 24 hr period, max €200 per Day Day rate, < 24 hours €60.
- Costs of hiring a specialist consultant to input into or undertake the proposed project for a maximum of 30 days.
- Max. Consultancy rates: Days 1 to 20: €900 per day, Days 21 to 30: €700 per day
- Daily rates to be inclusive of travel and subsistence and all out-of-pocket expenses.
- Where more than one consultant is being used from the same firm the daily rates/limits apply to the firm.
- Where there is more than one consultancy firm involved on the project, the rates & limits apply to each firm separately.
- Prototype materials, specialised software tools, hire of equipment or facilities and other sundry costs relating to building a prototype are eligible.
- Where consultants/contractors are being used to input into the prototype design/build, the costs should be entered in the Consultancy Fees section of the application form.
- Employee time should be entered under the Salaries and Overheads section.
- Capital items/equipment costs such as laptops, servers are not eligible under this expenditure item.
How do I apply?
All applications for funding should be discussed with your Enterprise Ireland Adviser prior to submission.
Apply via the Enterprise Ireland Online Application System.
Prior to applying you must do the following:
Any expenditure incurred prior to receipt of the application by Enterprise Ireland will not be eligible for grant aid.
What are the call close dates?
You may apply all year.
Key contact/more information