The ERDF Small Start-up Grant Scheme supports the growth of new enterprises having less than 50 employees.  The scheme is open to start-ups that have been operating for less than 3 years in the manufacturing, Information and Communication Technology (ICT), Research & Development & Innovation (R&D&I), waste treatment & environmental solutions and biotechnology.

 

Benefits

The ERDF Small Start-up Grant Scheme will part-finance up to 25% of costs incurred for:

· Wages of employees;

· Renting / leasing of equipment that is required by the enterprise to operate;

· Renting / leasing of production facilities;

· Water and electricity;

· Subcontracted legal services, consultancy and administrative services directly related to the creation of the enterprise.

Start-ups must have a minimum project value of € 50,000 in eligible costs.   Any aid provided may cover a period of 24 months which must fall within the first 5 years from the setting up of the enterprise.

 

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 Small Start-up Grant Scheme Incentive Guideline document and the Notes to Applicants from this web page. The ERDF Small Start-up 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

SME Development

L.N. 69 of 2008 Enterprise Support Incentives Regulations, 2008