Selective Financial Assistance

The following projects are eligible for assistance:

• New and existing manufacturing and internationally traded services businesses which over time can develop into strong entities and graduate to the enterprise ireland portfolio.
• Tourism projects aimed predominantly at overseas markets.
• Locally provided services promoted by the unemployed or those recently made redundant; such projects must avoid deadweight and displacement.
• Projects prompted by women re-entering the workforce.

Provided...

• There is a market for the proposed product or service and the business is capable of attaining commercial viability.
• The project has the capacity to create new direct employment, and that the adequate finance is available to fund the project, including its operating costs.
• The promoters possess sufficient management and technical capacity to implement the proposed project.
• The generation of the new employment does not threaten existing local employment.

Ineligible projects and expenditure include:

• Retail or wholesale outlets.
• Mainstream professional services.
• The trades.
• Projects which involve primary agricultural production.
• Alternative healthcare practices.
• Conferences and seminars.
• Projects which are contrary to public policy.
• Companies which already have a relationship with Enterprise Ireland, IDA Ireland, SFADCo or Udaras na Gaeltachta.
• Companies in the Manufacturing or internationally traded services area whose present or potential employment exceeds 10 persons.
• Accommodation type projects.