What Is A Feasibility Study Grant?

Feasibility/Innovation Grants are designed to assist the promoter with researching market demand for a product or service and examining it's sustainability. 

Expenditure may be considered under the following headings:

• Innovation Costs.  E.g Prototype develoment, research costs, patent costs.
• Own Labour Research. Costs under this category may include own labour involved in carrying out research/prototype development.  The maximum amount chargeable unde this category is € 400 per week subject to the overall maximum under this category not exceeding 20% of the overall grand drawdown.
• Consultancy Costs.  These include design fees, and other consultancy fees.
• Micellaneous Costs.  This may include telephone costs, mileage costs and travel costs.  The overall maximum drawdown in this category should not exceed 20% of the overall grant level.

A maximum of €20,000 (excluding VAT) may be awarded

How Do I Apply?

If you are interested in applying for an employment 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