FINANCIAL SUPPORTS
The Board, in accordance with current Government Policy, can consider applications for financial assistance from new start-up or expanding businesses (employing less than 10) involved in manufacturing, internationally traded services, or those that the potential for international trade innovative local services not already being provided businesses operating within our catchment area of West Cork. (West of Innishannon, South of Kilmichael to the Beara Peninsula).
Please see Financial Support criteria to see if you would qualify for financial assistance. Please refer to ineligible projects for full details of those not supported by the Board. The Board can consider project applications that fall within those and other eligibility criteria for the following financial assistance packages. View full details
The following are the various Grants that are available under the Board (subject to availability of Budget/funding)
- Priming Grants (Start _Up Businesses)
Up to a maximum of 50% of the cost of the investment up to a maximum amount of €75,000. Eligible costs include capital items; salary costs; rental /accommodation costs; utility costs; marketing costs; consultancy costs and Business Specific training. Grants over €80,000 up to €150,000 may be awarded in exceptional cases with clear potential to graduate to the Enterprise ireland portfolio/export internationally. A maximum grant of up to €15,000 per full time job will apply to high value jobs attracting over €40k salary. - Business Expansion Grants
Up to a maximum of 50% of the cost of the investment up to a maximum amount of €75,000. Eligible costs include capital items; salary costs; rental /accommodation costs; utility costs; marketing costs; consultancy costs and Business Specific training. Grants over €80,000 up to €150,000 may be awarded in exceptional cases with clear potential to graduate to the Enterprise ireland portfolio/export internationally. A maximum grant of up to €15,000 per full time job will apply to high value jobs attracting over €40k salary. - Application Form for the Priming / Business Expansion Grant
- Feasibility Study Grants
The Board will consider applications for feasibility study grants towards the development of innovative product / service ideas not already in the marketplace, where the promoter has already conducted extensive market research into the idea, but assistance is required to move the concept nearer to market readiness, and work is required to further develop the product / service prototype or delivery and it is expected that it will be market ready in less than 12 months. Up to 50% of the cost of undertaking a feasibility study on an innovative new product or service may be considered subject to a maximum of €20,000. For more details on making an application to the Board please see Feasibility Studies.
- Appliction Form for the Feasibility Study Grant
You can download the full guidelines on each grant type and eligible expenditure.
Each application must be accompanied by a Current Business Plan with Projected / Historial Financials, Quotations for all Items of Expenditure and a Completed Application form. Other details required inlcude a Tax Clearance Certificate.
Writing your Business Plan
You can use our sample template - A current Business Plan is required with all applications. Please see our online business planning tools:
How does the Board evaluate my proposal?
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