FAQs

FAQ's

I am only at the idea stage can I still meet with the County Enterprise Board?

Yes, the majority of Enterprise Boards operate an information service and employ Business Advisors who will be available to discuss your proposal with you and to identify the most appropriate steps for your to take to move your business idea forward.  Staff of the County Enterprise Board will be in a position to direct you towards appropriate soft supports such as training courses, mentors and workshops etc.

Can I be guaranteed confidentiality?

Any discussion between the Enterprise Board and businesses/individuals looking for any type of assistance are held in the strictest of confidence.

How does the County Enterprise Board select a project for grant assistance? 

An application form is completed by the client and submitted to the County Enterprise Board.
The initial application is then presented to the Evaluation Committee for assessment, a recommendation is then made to the Board on the level of assistance to be awarded. Other sources of finance will be taken into account. A project must avoid displacement and dead-weight.


The general conditions for grant support are as follows;

  • The sector of the economy in which an enterprise is operating or intends to operate
  • The size or proposed size of the enterprise. CEBs can assist in the estabishment, and/or development, of new and existing enterprises from individuals/sole trader, companies and community groups subject to the following eligibility criteria;
    The enterprise must be in the commercial sphere
    The enterprise must demonstrate a market for the product/service
    The enterprise must have the capacity for growth and new job creation
    The enterprise must not employ more than 10 people
  • Any expenditure incurred, prior to receipt by aplicant of the letter of offer from the board, will not be eligible for grant support .  
Financial supports may cover business costs directly attributable to starting a new business or growing and developing a business, or for carrying out a Feasibility/Innovation Study, except payments to State Bodies.

What grants are available from the County Enterprise Board?

There are three types of grants available form the Enterprise Board:

1. Feasibility/Innovation  Grants
2. Priming Grants
3. Business Expansion Grants

 

What is a Feasabilty/Innovation Grant?

Feasibility/Innovation Grants are designed to assist the promoter with researching market demand for a product or service and examining its sustainability. It includes assistance with innovation including specific concultancy requirements, hiring of expertise from third level colleges, private specialists, design, patent costs and prototype development.

The maximum grant payable must not exceed 60% of the investment or €20,000 whichever is lesser. Expenditure may be considered under the following headings;
1. Innovation costs - prototype development, innovative design, research costs, patent costs and third level college consultancy.
2. Own labour research - own labour involved in carrying out research/prototype development.
3. Consultancy costs - design fees, architect, accountant and legal fees.
4. Miscellaneous costs - telephone, mileage, subsistence and overnight costs etc 

 

What is a Priming Grant

The Priming Grant is a business start up grant, available to micro enterprises within the first 18 months of starting up.
Priming grants may be available for sole traders, partnerships, community groups or limited companies that fulfill the following criteria;
1. Located within the CEB's geographic area
2. A business which on growth may or may not fit the Enterprise Ireland portfolio
3. A business employing up to 10 employees
4. A manufacturing or internationally traded services business
5. A domestically traded service business with the potential to trade internationally
6. A domestically traded service business being established by a female returning to the workforce or
7. Unemployed persons where the potential for deadweight and displacement does not exist.

The maximum Priming Grant available must not exceed 50% of the investment or €150,000 whichever is the lesser. Eligible expenditure can include;

1. Capital items
2. Salary costs
3. Rental/accommodation costs
4. Utility costs
5. Marketing costs
6. Consultancy costs
7. Business Specific training



What is a Business Expansion Grant

The Business Expansion Grant is designed to assist the business in its growth phase after the initial 18 month start up period.
Micro enterprises who have availed of a Priming Grant are ineligible to apply for a Business Expansion Grant until 18 months after the final drawdown date of the Priming Grant, except in exceptional circumstances.

Business Expansion Grants may be available for sole traders, partnerships, community groups or limited companies that fulfill the following criteria;
1. Located within the CEB's geographic area
2. A business which on growth may or may not have the capacity to fit the Enterprise Ireland portfolio
3. A business employing up to 10 employees
4. A manufacturing or internationally traded services business
5. A domestically traded service business with the potential to trade internationally

The maximum Business Expansion Grant available must not exceed 50% of the investment or €150,000 whichever is the lesser. Eligible expenditure can include;

1. Capital items
2. Salary costs
3. Rental/accommodation costs
4. Utility costs
5. Marketing costs
6. Consultancy costs
7. Business Specific training 

Can I get assistance with completing the application form?

Enterprise Board staff are available to assist promoters to complete application forms and to inform promotors of any additional documentation required.  

 

How do I go about applying for financial assistance?

Our application process is straightforward and may be summarized as follows:
Step 1: The project promoter arranges to meet with the CEB to discuss their project proposal in detail. If your business proposal is one that may qualify for financial assistance you will be requested to complete an application form and provide supplementary information/ documentation. The CEB will explain what is required.

Step 2: A completed application form, along with all of the necessary support documentation is then submitted by the project promoter for review by the CEB.

Step 3: Additional clarification / information may be sought by the Business Advisor.

Step 4: Application is then submitted to the Evaluation Committee for appraisal. The Evaluation Committee comprises members of the business community, financial institutions and local authority and they normally meet every six weeks. All documents relating to the application are submitted to the Evaluation Committee one week in advance of their meeting for consideration.

Step 5: The Evaluation Committee at their meeting makes a written recommendation to the Board and this is considered by the Board at their meeting before a final decision on the application is agreed. The Evaluation Committee and/or Board may deem it necessary to defer a decision pending receipt of additional information.

Step 6: The Chief Executive informs the project promoter in writing of the Board's decision. In the case of grant approval, a formal letter of offer and terms and conditions attaching to grant-aid will also be issued.

Step 7: In the event of your project being deemed ineligible and/or not obtaining financial assistance from the CEB, you can discuss the project application and evaluation with the CEB regarding this unsuccessful application to obtain further feedback and/or advice regarding this application. If you are not satisfied, you will be provided with written notification of the appeals process.


If a project does not qualify for grant assistance can I avail of any other assistance?


Where a project is deemed to be ineligible for financial assistance from the CEB, we may be able to provide you with other supports. Our wide range of non-financial supports are normally available to all small businesses, regardless of whether they qualify for grant-aid or not. Contact us to discuss this further


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