Deadline: Ongoing
The Local Enterprise Office is inviting applications for its Business Expansion Grant to assist the business in its growth phase after the initial 18 month start-up period.
Funding Information
- The maximum Business Expansion Grant payable shall be 50% of the investment or €150,000 whichever is the lesser. Grants over €80,000 and up to €150,000 shall be the exception and shall only apply in the case of projects that clearly demonstrate a potential to graduate to Enterprise Ireland and/or to export internationally. In all other cases, the maximum grant shall be 50% of the investment or €80,000 whichever is the lesser. Subject to the 50% limit, a maximum grant of €15,000 per full time job created shall apply in respect of any employment support granted.
Eligibility Criteria
- Business Expansion grants may be awarded to sole traders, partnerships, community groups or limited companies that fulfil the following criteria:
- Located within the Local Enterprise Office’s geographic area
- A business, which, on growth, may or may not have the capacity to fit the Enterprise Ireland portfolio
- The enterprise must not employ more than 10 people; In some cases, depending on certain criteria, businesses with 10 employees or more may be eligible, please contact one of their Business Advisor for more information on eligibility;
- A Manufacturing or Internationally traded service business
- A Domestically traded Service business with the potential to trade internationally.
Ineligibility Criteria
- A business that had availed of a Priming Grant will be ineligible to apply for a Business Expansion grant until 18 months after approval/drawdown date of Priming Grant whichever is the later.
For more information, visit LEO.
