Grants
The Board can consider applications for financial assistance from new start-up or expanding businesses (employing less than 10) involved in manufacturing, internationally traded services, or have the potential for international trade or innovative local service businesses operating within County Meath. The Board can consider project applications that fall within those and other eligibility criteria for the following financial assistance packages. View full details
- Priming Grants (Start _Up Businesses)
Up to a maximum of 50% of the cost of the investment up to a maximum amount of €80,000. Eligible costs include capital items; salary costs; rental /accommodation costs; utility costs; marketing costs; consultancy costs and Business Specific training. Grants over €80,000 up to €150,000 may be awarded in exceptional cases with clear potential to graduate to the Enterprise ireland portfolio/export internationally. A maximum grant of up to €15,000 per full time job will apply to high value jobs attracting over €40k salary. - Business Expansion Grants
Up to a maximum of 50% of the cost of the investment up to a maximum amount of €80,000. Eligible costs include capital items; salary costs; rental /accommodation costs; utility costs; marketing costs; consultancy costs and Business Specific training. Grants over €80,000 up to €150,000 may be awarded in exceptional cases with clear potential to graduate to the Enterprise ireland portfolio/export internationally. A maximum grant of up to €15,000 per full time job will apply to high value jobs attracting over €40k salary. - Application Form for the Priming / Business Expansion Grant
- Feasibility Study Grants
Up to 50% of the cost of undertaking a feasibility study on an innovative new product or service may be considered subject to a maximum of €20,000. - Appliction Form for the Feasibility Study Grant
- Please note: Primary processing, Retail/wholesale, Professional services & Consultancies, Tourism related businesses, Local service businesses ( i.e. restaurants, pubs, cafes, plumbers, hairdressers, construction etc..) or mobile assests (cars/vans) are not eligible for financial assistance.
- EGF Grants The E.G.F. was set up in 2007 to provide workers affected by mass redundancies with retraining and upskilling opportunities. This
fund is now available to support individual workers made redundant from SR Technics at Dublin Airport. If you are an ex-SR Technics employee and are currently setting up or have established a business you may qualify for a Priming grant or a Business Expansion grant under this
programme. Closing Date 12 August 2011 - Application Form for SRT/EGF funding
You can download the full guidelines on each grant type and eligible expenditure.
Each application must be accompanied by a Current Business Plan with Projected / Historial Financials, Quotations for all items of Expenditure and a completed application form.
A current business plan is required with all applications.
Criteria for Financial Assistance
To qualify for grant aid the promoters must demonstrate that:
- The project is in the commercial sphere and is capable of obtaining economic viability without ongoing Exchequer or EU assistance.
- The project is in manufacturing or internationally traded services.
- There is a market for the proposed product or service.
- Adequate overall finance will be available to fund the project.
- That the person, group or company possesses the management and technical capacity to implement the proposed project.
- Projects must have the capacity to create new direct employment either full or part-time or seasonal.
Projects will not be assisted where:
- These are in areas of enterprise that there is already sufficient firms participating and the proposal would lead to job displacement elsewhere.
- Areas of enterprise on the EU and National Sensitive Lists.
- Areas of enterprise coming under other schemes or operational programmes.
- Projects are contrary to National policy.
- Projects involving primary agricultural production.
- Where investment is in mobile assets.
- Projects involving purely sales and distribution e.g. retail outlets will not be assisted.
The Export Marketing Grant can be used to part-fund the cost of Travel & Subsistence, Trade Fair Attendance/Exhibiting, and the creation of marketing material specifically for overseas markets.
Grant Terms
·Grant covers 50% of eligible costs (subject to a maximum of €2,000 per company)
·Applications must be made prior to any expenditure being incurred.
·Payment will be made to approved projects on receipt of proof of payment of all qualifying and approved expenses.
Projects eligible for support include:
·Businesses engaged in manufacturing
·Internationally traded services
·Innovative projects
Companies seeking financial support must be located in County Meathand have less than 10 employees.
They also must:
·be in the commercial sphere
·be capable of attaining economic viability
·demonstrate a market for their proposed product / service
·have the necessary management and technical skills
·have capacity for growth and job creation
The Web Development Grant can be availed of for website development by established small businesses operating in manufacturing, internationally traded services or local services. The grant is designed to part-fund the cost of creating or developing, by an Irish software development company, of a commercial web presence with an e-commerce facility.
Grant Terms
- Grant covers 50% of eligible costs up to a Max of €1,500. (excl. VAT)
- Only Third Party costs qualify i.e. cost of work you have commissioned others to do.
- All applications must be accompanied with three written quotations. If the cost of the website is less than €1,000, then one written and two verbal quotes will suffice.
- Only websites that include an e-commerce functionality (i.e. the ability to purchase products or services online) qualify for assistance.
- Expenditure incurred prior to grant approval is ineligible
- All applications are subject to evaluation and priority will be given to applicants who do not currently have a web presence.
Selection criteria includes
·Commercialisation of the business through the Web; Export Potential; Quality of the proposal and support eligibility of the Enterprise Board.
·As the number of grants available is limited early applications are advised and the Board’s decision in the matter shall be final.
Projects eligible for support include:
·Businesses engaged in manufacturing
·Internationally traded services
·Local Services
Those seeking financial support must already have an established business located in County Meath and have less than 10 employees.
They also must:
·be in the commercial sphere
·be capable of attaining economic viability
·demonstrate a market for their proposed product / service
·have adequate overall finance available to the project
·have the necessary management and technical skills
·have capacity for growth and job creation
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