The Business Expansion Grant is designed to assist businesses in their growth phase after the initial 18-month start-up period.
Grants may be awarded to sole traders, partnerships, or limited companies that meet the following criteria:
- The enterprise must not employ more than 10 people.
(In some cases, businesses with 10 or more employees may be eligible — please contact your Local Enterprise Office advisor for more information.) - The enterprise must be established, registered, and operate within the geographic location of the Local Enterprise Office.
- The enterprise must operate in the commercial sphere.
- The enterprise must demonstrate a market for the product or service.
- The enterprise must have potential for growth in domestic and/or export markets, and potential for new job creation.
Grant Amount:
The maximum Business Expansion Grant payable is 50% of the investment or €150,000, whichever is the lesser.