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SME Development

New enterprises need a mix of resources and support in order to flourish. Often, these are not readily available. Most start-ups seek external guidance, assistance and finance.

This scheme aims to support innovative start-up enterprises :

· Innovative Start-up are considered as new enterprises engaged in existing local markets but introducing  new perspectives and having the potential to compete in  international markets

· Highly Innovative Start-ups  are new  enterprises engaged in new markets, new technologies, novel products or services and in knowledge based industries that demonstrate a potential for job creation and growth

 

This incentive provides part-financing of up to Euro15,000 to cover  costs incurred by these enterprises during the stetting-up phase.  These costs are covered at up to 45% and may include:

· Procurement of Services provided by outside consultants

· Investments in tangible assets

· Investments in intangible assets

 

General Information

A start-up enterprise is an enterprise in its initial five years.

The cash grants provided through this incentive are only available to innovative enterprises participating in the Innovative Start-ups Program.

Innovative Start-ups Grant

START Application Form

This form should be completed by undertakings wishing to participate in the Innovative Start-up Program.  The Innovative Start-ups grant is an incentive provided to enterprises participating in this program.

incentives

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