Agile Innovation Fund

Logo ESIF ERDF

Please note: Information events on our Agile Innovation, Research and Development Funding programmes are taking place in May and June 2018.  See Upcoming Events below for further details. 

What is an Agile Innovation project?

Agile Innovation projects supports companies in sectors with rapid design cycles to maintain their technology position.  The benefits of this grant are that it allows for a very simple application process and delivers a very fast response from application to approval.

Agile Innovation can also be suitable for companies who have not previously applied for RD&I support.  However, it is open to all clients to apply provided the total project cost is less than €300,000 and the grant sought is less than €150,000.

 

Am I eligible?

You are eligible to apply if your company is an Irish based manufacturing or internationally traded services company which can show adequate cash resources to implement the proposed R&D project.  HPSU companies are not eligible to apply.

A company will normally be considered a HPSU for 5 years from the time it first receives financial support from Enterprise Ireland, or until it exceeds a turnover threshold of €1m whichever is the earlier. However a HPSU client may be eligible for RD&I grants if it meets the following conditions;

  • has achieved sustainable revenues of €500,000 and;
  • is EBITDA positive in the previous accounting period or for at least the previous nine months prior to application and;
  • can demonstrate sustainable future EBITDA and;
  • in the previous 6 months and during the course of the business plan the company has not raised external finance in the form of equity (subject to no double funding).

Clients should contact their Development Advisor for further advice.  All applications will be subject to a technical and commercial assessment.

Enterprise Ireland funding to support companies is provided against an agreed company growth plan. Please contact your Development Adviser or the Client Relationship Team to discuss your project and see how Enterprise Ireland can work with you to ensure your company gets the most from any financial support.

If your Development Adviser (DA) instructs you that this is an ERDF project, click on ERDF Information for Clients.

 

What is the maximum funding level?

Grant rates are determined by the type of project and the size of your company as set out in the table below. Companies seeking support in excess of these amounts will be evaluated on a case by case basis by the Enterprise Ireland Investment Committee using a similar approach and grant rates as the R&D Committee.

Small CompaniesMedium CompaniesLarge CompaniesMaximum Grant
Agile Innovation Projects
45%
35%
25%
€150,000
50%
50%
50%*~
€150,000

A collaboration bonus of up to 15% is available for R&D projects where there is collaboration between two companies, but the total maximum funding cannot exceed 50% of the total project cost.

Note that support for Business Innovation for Large companies is de Minimis funding.

How do I apply?

Before you make an application for funding, you are advised to consult your Enterprise Ireland Development Adviser or your development agency adviser who can assist you if necessary. 

  1. View the Agile Innovation Application Roadmap
  2. Read the Guidelines for Companies Applying to the RD&I Fund  
  3. Proceed to:
    APPLY ONLINE
    The online application forms provide a step by step guide on how to complete each tab.
  4. Review Agile Innovation Fund - Project Change process
  5. Submit online

It is also possible to submit an Outline Proposal document to Enterprise Ireland and get an initial indication on the eligibility of one or several project(s). Download the template here.  The template should be completed and emailed to RandDOutlineProposals@enterprise-ireland.com 

The RD&I Fund Reference document contains full detail on the projects and activities eligible for support, and the criteria on which applications will be assessed.

Please note, for successful applicants, only eligible expenditure incurred after the application is submitted will be considered for funding by the approval committee. In order to be eligible for Agile Innovation support, the beneficiary must submit an application to Enterprise Ireland for support before any work on the project starts.

 

Call close dates

In order to streamline the process for Agile Innovation applications (involving Grants of up to €150,000), may be submitted at any time to Enterprise Ireland and will be considered under Delegated Powers to Line Management rather than go to the R&D Committee.

 

Upcoming Events

Enterprise Ireland's R&D Core Unit is hosting a number of regional events on our new Agile Innovation, Research and Development funding programmes in May and June. Offering fast-track approval and a streamlined online application process, the new Agile Innovation Fund allows companies to access up to 50% in support for product, process or service development projects with a total cost of up to €300,000. The fund is part of Enterprise Ireland’s wider Innovation Offer, which includes funding and supports for collaborative research, increasing the innovation capability of companies and funding for large R&D projects. See below for dates and registration link.

Venue: Institute of Technology Tralee (Solas Building)
Date: 15 May 2018
Time: 0830 to 1200
Agenda: Download Agenda - Agile Innovation Supports Event - Tralee
REGISTER HERE FOR TRALEE

Venue: Lyrath Hotel Kilkenny
Date: 24 May 2018
Time: 0830 to 1200
Register here for Kilkenny

Venue: Clayton Hotel Galway
Date: 06 June 2018
Time: 0830 to 1200
Register here for Galway

Venue: Treacys Oakwoood Hotel Shannon
Date: 28 June 2018
Time: 0830 to 1200
Register here for Shannon

 

Key contact/more information

Clients of Enterprise Ireland and Údaras na Gaeltachta should contact their Development Adviser. If you are not a client of Enterprise Ireland, please contact your local Enterprise Ireland regional office. 

For general enquiries on the Agile Innovation Fund, please contact:

Joe Madden

In-Company R&D Supports

Enterprise Ireland

+353 1 7272243

Joe Madden

Debbie Nolan

Executive, In-Company R&D

Enterprise Ireland

+353 1 727 2587

Debbie Nolan

For information about R&D Projects and Innovation Projects, go to Research, Development and Innovation (RD&I),

Back to: Research and Innovate section.