Business Expansion Grants for Businesses Trading > 18 Months
What Is A Business Expansion Grant?
A Business Expansion Grant is designed to assist businesses in the growth phase, after the initial 18 month start-up period.
What Rules Apply?
- The maximum Priming Grant payable must not exceed 50% of the investment up to a maximum amount of €75,000.
- Grants over € 80,000 up to €150,000 may be awarded in exceptional cases, where projects clearly demonstrate the potential to graduate to the Enterprise Ireland portfolio / export internationally.
- Elligible costs include: Capital items, Salary Costs, Rental/Accommodation Costs, Utility Costs, Marketing Costs, Consultancy Costs, and Business Specific Training.
- A maximum grant of up to €15,000 per full time job will apply to high value jobs attracting over €40k salary. Appropriately scaled back grants will be offered in accordance with proposed salary for lower paid positions.
- Micro enterprises that have availed of a Priming Grant are ineligible to apply for a Business Expansion Grant until 18 months after the final drawdown date of the Priming Grant.
How do I Apply?
If you are interested in applying for a capital grant you should firstly check the Board's criteria for assistance to see if your business qualifies for funding. You should then complete the grant application form. and submit to:
Dave Cody / Adrienne Rodgers
Cork City Enterprise Board
1-2 Bruach na Laoi
Union Quay
Cork
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