Does your business qualify for grant money? There are 100s of Government supports for SMEs in Ireland.
Did you know there are 100s of different Irish Government supports for small businesses, including grant money?
You can find out what you may be entitled to by answering eight simple questions on this government website. The site is called Supporting SMEs.
Financial supports available include:
Apply now by clicking this link.
FUSION
FUSION is an InterTradeIreland initiative that focuses on product development and innovation. The programme will help a business to fund a high calibre science, engineering or technology graduate and partner the business with a third level institution with specific expertise. To qualify for financial support through the FUSION programme, your business must be:
- A manufacturing or tradable services company, located on the island of Ireland (North or South);
- Financially viable;
- Two-years trading;
- Capable of innovation;
- Indigenous to the island of Ireland;
- Employing between 5 – 249 full-time employees;
- Able to demonstrate the need for InterTradeIreland FUSION technical support;
- Able to demonstrate the capacity and commitment to support a FUSION project at senior management level. Apply now.
Bank finance options
One of the easiest ways to grow your business is with bank finance. You can apply for a business loan by clicking the orange button. This button will bring you to a Bank of Ireland online loan application form. Lending criteria, terms and conditions apply. Bank of Ireland is regulated by the Central Bank of Ireland.
Enterprise Ireland supports and funds
Enterprise Ireland is the state agency that supports the development of manufacturing and internationally traded services companies. It provides funding and supports for businesses; from high potential startups through to large firms expanding, improving and growing international sales.
It also provides funding for businesses facing challenges relating to Brexit.
There is also funding for college based researchers to help in the development, protection and transfer of technologies into an industry via licensing or spin-outs.
You can select the relevant funding from Enterprise Ireland that best suits your stage of development here.
Help to grow
This is to encourage investment by companies in research and development. The main challenge for SMEs is knowing the difference between everyday commercial activity and R&D. You may need assistance from a qualified accountant to establish what can be claimed against R&D.
This is to encourage companies, paying corporation tax, to buy energy-efficient equipment and machinery. You can write-off 100% of the purchase value of qualifying energy efficient equipment against your profit, in the year of purchase.
