There is an overall investment Fund of €1.5m

Each promotor will have the opportunity to secure a LEO Grant  Investment of up to €25k 

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What does the LEO Grant Investment cover?

The LEO Grant Investment of up to €25,000 may be considered for the following tasks outlined under. If you  secure an investment under the programme you will be required to meet with your Local Enterprise Office to assess your funding requirements and agree the eligible costs associated with your development prior to any drawdown of funding. Following this meeting your Local Enterprise Office will issue a formal letter of offer which will outline the terms and conditions required to drawdown the grant investment.

  • Capital Expenditure associated with your new innovative development
  • Salary Costs associated with your new innovative development
  • Consultancy, Research, Innovation, Marketing Costs associated with your new innovative development.
  • General Overhead Costs including working capital costs associated with your new innovative development

What innovative developments are eligible?

  • New Product
  • New Process
  • New Market
  • Market Diversification Strategy
  • Make addition to the management team
  • Other