Are you a small business owner in Ireland looking for ways to expand your operations? If so, then you should definitely consider applying for a Local Enterprise Feasibility Study Grant. These grants are designed to help businesses explore new ideas and markets by providing funding for feasibility studies.
Feasibility studies are an essential part of any business growth strategy. They allow businesses to assess the viability of new products or services, research new markets, and evaluate potential risks and challenges. With the help of a feasibility study grant, businesses can gain valuable insights into the feasibility of their ideas and make informed decisions about their next steps.
The Local Enterprise Office is responsible for managing the Feasibility Study Grant scheme. This scheme provides up to 50% of the cost of a feasibility study, up to a maximum of €15,000. This funding can be used to cover the cost of market research, product development, business planning, and other essential activities.
To be eligible for a Feasibility Study Grant, businesses must be based in Ireland and have fewer than ten employees. Additionally, the proposed project must have the potential to create new jobs or increase sales revenue.
If you think your business could benefit from a Feasibility Study Grant, then you should consider applying today. The application process is straightforward, and the Local Enterprise Office will provide guidance and support throughout the process.