Business Expansion Grants
The Business Expansion grant is designed to assist the business in its growth phase after the initial 18 month start up period.
Business Expansion grants may be available to small businesses which fulfil the following criteria:
* Located in Offaly
* A business employing up to 10 people
* A manufacturing or internationally traded services business
* A domestically traded service which has the potential to become internationally traded
* A domestically traded service being established by a female returning to the workplace or unemployed persons where the potential for deadweight or displacement does not exist.
The maximum grant payable must not exceed 50% of the investment or €150,000 whichever is lesser.
Grants of €80,000 or over shall be the exception and shall only apply in the case of projects that clearly demonstrate a potential to graduate to Enterprise Ireland and/or to export internationally.
Subject to the 50% limit, a maximum grant of up to €15,000 per full time job created shall apply in respect of any employment support grant aided.
Expenditure may be considered under the following headings:
Capital Items: These include fit out of workspace, office equipment, machinery, computer costs hardware & software etc. (Note acquisition of building and purchase of mobile assets are excluded from grant aid.)
Salary Costs: For 1st year of employment.
The first half of the grant is paid when the person is taken on (on a full time basis) and registered for PAYE/PRSI.
The second half of the grant is payable six months later, if the business is still trading and the position is still full-time.
Rental/Accommodation Costs: For 1st year of project.
(Note where rental space is already subsidized by an investment of public funds then grant support should reflect the differential between the market rate and subsidized rate). Rental costs may be paid up front subject to receipt by the Board of signed lease/rental agreements.
Utility Costs: These include installation costs for telephone & broadband. (Note mobile phone costs are excluded).
Marketing Costs: These include packaging, brochures, business cards, trade fairs, website design and development, and other marketing initiatives.
Consultancy Costs: These include design fees, patent costs, architect, accountant and lega fees.
Business Specific Training: Costs here refer to specialised management or key personnel training programmes that are required to ensure the growth of the business. Such courses should not be generally available under the Board's general training programmes.
Download Business Expansion Grant Application Form Please note this is a large file and may take a few minutes to download
The Business Expansion grant is designed to assist the business in its growth phase after the initial 18 month start up period.
Business Expansion grants may be available to small businesses which fulfil the following criteria:
* Located in Offaly
* A business employing up to 10 people
* A manufacturing or internationally traded services business
* A domestically traded service which has the potential to become internationally traded
* A domestically traded service being established by a female returning to the workplace or unemployed persons where the potential for deadweight or displacement does not exist.
The maximum grant payable must not exceed 50% of the investment or €150,000 whichever is lesser.
Grants of €80,000 or over shall be the exception and shall only apply in the case of projects that clearly demonstrate a potential to graduate to Enterprise Ireland and/or to export internationally.
Subject to the 50% limit, a maximum grant of up to €15,000 per full time job created shall apply in respect of any employment support grant aided.
Expenditure may be considered under the following headings:
Capital Items: These include fit out of workspace, office equipment, machinery, computer costs hardware & software etc. (Note acquisition of building and purchase of mobile assets are excluded from grant aid.)
Salary Costs: For 1st year of employment.
The first half of the grant is paid when the person is taken on (on a full time basis) and registered for PAYE/PRSI.
The second half of the grant is payable six months later, if the business is still trading and the position is still full-time.
Rental/Accommodation Costs: For 1st year of project.
(Note where rental space is already subsidized by an investment of public funds then grant support should reflect the differential between the market rate and subsidized rate). Rental costs may be paid up front subject to receipt by the Board of signed lease/rental agreements.
Utility Costs: These include installation costs for telephone & broadband. (Note mobile phone costs are excluded).
Marketing Costs: These include packaging, brochures, business cards, trade fairs, website design and development, and other marketing initiatives.
Consultancy Costs: These include design fees, patent costs, architect, accountant and lega fees.
Business Specific Training: Costs here refer to specialised management or key personnel training programmes that are required to ensure the growth of the business. Such courses should not be generally available under the Board's general training programmes.
Download Business Expansion Grant Application Form Please note this is a large file and may take a few minutes to download
