Feasibility grants are designed to assist the promoter with researching market demand for a product or service and examining the sustainability of that product or service. The grant helps with innovation costs including specific consultancy requirements, hiring expertise from third-level colleges, private specialists, design, patent costs and prototype development.
The maximum Feasibility Grant payable for the S&E Region shall be 50% of the investment or €15,000 whichever is the lesser. The maximum Feasibility Grant payable for the BMW (Border, Midlands, West) Region shall be 60% of the investment or €15,000 whichever is the lesser.
Expenditure may be considered under the following headings:
- Market Research Costs
- Consultancy Costs
- Technical Development / Prototype / Innovation
- Salary / Own Labour Research
- Miscellaneous Costs
For an application form please make an appointment to meet an advisor by calling 059/9129783 or by emailing enterprise@carlowcoco.ie