Staying with the theme of funding, Enterprise Ireland have announced a new €60m growth fund (up to €650,000 per SME) in the latest edition of The Market. The fund aims to
assist SME clients of Enterprise Ireland to achieve greater competitiveness by improving their export potential”
Eligable costs include:
- capital investment
- technology acquisition
- recruitment of key managers
- consultancy to assist with the implementation of the Growth Fund proposal
- management development and
- staff training
Support Limits:
|
Max. Funding |
Funding Type |
Min. Company Spend |
||
|
Capital Investment |
€300,000 |
Grant / 50% repayable |
€75,000 |
|
|
Technology Acquisition |
€300,000 |
Grant |
€50,000 |
|
|
Training & Management Development |
No specific limit |
Grant |
€25,000 |
|
|
Consultancy |
25% of total project |
Grant |
n/a |
|
|
Recruitment of Key Managers |
€200,000 |
Grant |
n/a |
|
|
Workplace Innovation & |
No specific limit |
Grant |
€25,000 |
|
|
Overall Maximum Support for Submission |
€650,000 |
|||
The closing date for applications is the 3rd Thursday of every month (two calls have already closed), currently until the end of 2008.
More information, including eligibility criteria and funding levels, is available at http://www.enterprise-ireland.com/Grow/Finance/Growth+Fund.htm
Cheers for that John