Business Expansion Funding

Business Expansion Funding : Introduction

Our Business Expansion Funding is designed to assist a micro-enterprise that has been trading for over 18 months
It covers 50% of eligible costs, subject to a maximum Board contribution of €80,000. 
Funding is issued on a repayable basis (0% Loan).

Business Expansion Funding : Qualifying Expenses 

Expenditure may be considered under the following headings:-

  • Capital Items
    Office Equipment, Machinery, IT Hardware/Software & Fit out of Workspace.
    (The Acquisition of Building and Purchase of Mobile Assets are excluded).
  • Salary Costs
    These costs may include the salary of a promoter and/or employee and apply to the first 1st Year of
    Employment only. The maximum amount allowable under this category is €15,000 per full-time position.
    Staff recruitment costs may also be considered eligible for grant aid.
  • Rental / Accommodation Costs
    Costs for 1st Year of Project will be considered.
  • Utliity Costs
    These include installation costs for Telephone & Broadband. (Mobile Phone Costs are excluded).
  • Marketing Costs
    These include Packaging, Brochures, Business Cards, Trade Fairs, Web Site Design & Development.
  • Consultancy Costs
    These include Design Fees, Patent Costs, Architect, Accountant and Legal Fees.
  • Business-Specific Training
    Specialised Management or Key Personnel Training Programmes that are required to support business.growth.
    Such courses should not be already be provided by the Enterprise Board.
NB. Due to restricted budgets, we are currently only considering applications to support the salaries of new, full-time promoters and/or employees.

Business Expansion Funding - Terms & Conditions

  • The Business Expansion Funding covers 50% of qualifying expenses (excluding VAT), subject to a maximum Board
    contribution of €80,000. An application may comprise costs from one or more of the qualifying expense categories. Funding is issued on a repayable basis i.e. 0% loan with repayment over 36-60 month period.
    We can offer an up-front moratorium on repayments of up to 12 months.
  • Only Third Party costs qualify i.e. activities that a business promoter commissions others to undertake.
  • An Application must be made prior to any expenditure being incurred
    i.e. Any expenditure incurred prior to the grant application date does not qualify
  • Board Payment will be made on receipt of proof of payment of all approved expenses
    The VAT element of expenses will not be covered by any grant offer
    Payments to state bodies, including local authoriies, are excluded
  • Successful Applicants must drawdown approved amounts within 6 months of receiving the letter of offer and
    must drawdown part or all of any approved amount in a maximum of two payments
  • The approval of all applications and the payment of all monies is dependant upon the availability of
    financial resources under this scheme from the Department of Enterprise, Trade & Innovation

Is Your Business Eligible for Funding?

Want to know if we can fund your business? Check our Eligibility Criteria (Applies to Funding Only)
Or call us on (01) 494 8400. Find our How To Make an Application.

We request that you contact our Enterprise Board prior to submitting an application.


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  • Email: [email protected]

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