Unlock Your Business’s Digital Potential with a feasibility grant from your Local Enterprise Office.
Picture this; you’ve got this amazing idea for a new product or service, but you’re not sure if it’ll fly in the real world. That’s where the Feasibility Grant comes in. It’s like having a rich uncle who’s willing to chip in some cash to help you figure out if your idea has legs.
Here’s the deal: the Local Enterprise Office (LEO) – they’re the good folks trying to boost local businesses – offers this grant to help you test the waters before diving in headfirst. They’ll cover up to half of what it costs to do all the necessary research and planning, up to €15,000. Not too shabby, right?
Now, you might be wondering, “What can I actually use this money for?” Well, quite a lot, actually! Want to know if people will actually buy your product? Use the grant for market research. Need to build a prototype? The grant’s got you covered. Heck, you can even use it to hire smart people to help you crunch numbers and make sense of it all.
But here’s the catch (there’s always a catch, isn’t there?). Your business needs to be pretty small – we’re talking fewer than ten employees. And you’ve got to convince the LEO folks that your idea could create jobs and help the local economy. Oh, and you need to show that you really need this money to do your research – no using it for a fancy office remodel!
Applying for the grant is pretty straightforward. First, have a chat with your local LEO office. Then, fill out an application form – be sure to really sell your idea here! They might want to interview you or ask for more info. If they like what they see, boom! You’ve got yourself some funding to kickstart your research.
Look, starting a business is tough. It’s like trying to build a plane while you’re flying it. But with this Feasibility Grant, you get a chance to build a model plane first and make sure it actually flies before you take off. It’s a pretty sweet deal if you ask me.
So, if you’ve been sitting on a brilliant idea but weren’t sure how to take the next step, why not give this grant a shot? Who knows, it could be the thing that turns your dream into a real, thriving business. And wouldn’t that be something?
https://www.localenterprise.ie/Discover-Business-Supports/Financial-Supports/Feasibility-Grant
