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 consultancy requirements, hiring of expertise from third level colleges, private specialists, design, patent costs and prototype development.
The maximum Feasibility/Innovation Grant payable for the South and East Region must not exceed 50% of the investment or €20,000 whichever is the lesser.
Expenditure may be considered under the following headings:
Payments to state bodies including local authorities are excluded.
VAT excluded.
Own Labour Research excluded.