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The ERDF International Competitiveness Grant Scheme supports enterprises to tap into new international markets. This international competitiveness incentive will support enterprises to extend their activities in new markets or to introduce a new service or product in an existing market.  This will assist enterprises reduce their dependence on the local market and facilitate the exploration of inter-regional cooperation opportunities by reducing the risk involved in expanding into new markets. 

 

Benefits

The ERDF International Competitiveness Grant Scheme will part-finance up to 50% of costs incurred for:

· Translation services from and to the language(s) of the target market(s);

· Marketing material;

· Costs leading to the certification of products, processes and services;

· Participation in international promotional events;

· The wage costs of a newly engaged Business Development Manager.

 

Projects should be completed within 24 months and must have a minimum value of € 50,000 in eligible costs. 

 

Application Process

This incentive is administered through a competitive call.   Applications will be evaluated and ranked according to preset criteria as defined in the Incentive Guideline.  Once ranked, the top ranking applicants will be offered support through this incentive. 

 

Additional Information

Enterprises interested in applying for this incentive should download the ERDF International Competitiveness Grant Scheme Incentive Guideline document and the Notes to Applicants for full details. The ERDF International Competitiveness Grant Scheme Incentive Guideline is the official publication governing this incentive.   The document provides details on eligibility, State Aid regulations and the value of aid that may be granted.

 

Kindly address any queries to: info@20millionforindustry.com

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