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Priming Grant for new microenterprises

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Eligible micro enterprises within their first 18 months of start-up may be awarded a Priming Grant of up to 50% of the investment or EUR 150,000, whichever is the lesser.

The maximum Priming Grant payable shall be 50% of the investment or EUR 150,000, whichever is the lesser. In all other cases, the maximum grant shall be 50% of the investment or EUR 80,000, whichever is the lesser. All grants of a value greater than or equal to EUR 50,000, or with a cumulative value of EUR 100,000 over three years, require Enterprise Ireland approval. Subject to the 50% limit, a maximum grant of EUR 15,000 per full-time job created shall apply in respect of any employment support granted. Expenditure may be considered under the headings of capital items, salary costs, consultancy/innovation/marketing costs, and general overhead costs.

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What you get

  • BenefitThe maximum Priming Grant payable shall be 50% of the investment or EUR 150,000, whichever is the lesser; in all other cases the maximum grant shall be 50% of the investment or EUR 80,000, whichever is the lesser. Grants of EUR 50,000 or more, or cumulative EUR 100,000 over three years, require Enterprise Ireland approval.
  • Cost variescostThe maximum Priming Grant payable shall be 50% of the investment or EUR 150,000, whichever is the lesser. All grants of a value greater than or equal to EUR 50,000, or with a cumulative value of EUR 100,000 over three years, require Enterprise Ireland approval.

Who qualifies

6 conditions

All of these:

  • Eligible clients may be awarded a Priming Grant within the first eighteen months of setting up the business.vendor decides
  • 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, subject to your Local Enterprise Office advisor confirming eligibility.verified externally
  • The enterprise must be established, registered and operate within the geographic location of the Local Enterprise Office.verified externally
  • The enterprise must operate in the commercial sphere.verified externally
  • The enterprise must demonstrate a market for the product/service.verified externally
  • The enterprise must have potential for growth in domestic and/or export markets and also potential for new job creation.verified externally

How to apply

Where this comes from

There are 31 Local Enterprise Offices located in Ireland, each available to provide support for small businesses.

localenterprise.ie ↗Other

In this program

A business start-up grant for micro enterprises within their first 18 months of start-up, covering capital, salary, consultancy, innovation, marketing and general overhead costs.

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Correct it, or claim it for Local Enterprise Offices.

Offer
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