Financial Assistance from Dublin City Enterprise Board
Are your hiring new full-time paid employees or purchasing manufacturing equipment to develop your business?
Priming grants (33% refundable) and Business Development grants (50% refundable)
The purpose of financial assistance offered by Dublin City Enterprise Board is to fast-track the development of start up and growing businesses and to help job creation in Dublin city. With the growing success of establishing a true enterprise culture in the Capital and with many more entrepreneurs accessing the services of the Board, there is increasing demand on our financial resources. For this reason, there is a growing emphasis on providing repayable loans instead of grants. This recently adopted policy enables the Board to recycle its financial resources and make them available at a later date for other new and deserving enterprises.
Please note that businesses assisted from Dublin City Enterprise Board are considered; ‘beneficiaries of aid under the 07-13 ROP and must accept their inclusion in the list of beneficiaries published in accordance with point (d) of Article 7(2) of the Implementation Regulation’
Step 1 - Exploring Your Idea & Developing Your Business Plan
Dublin City Enterprise Board offer a range of business seminars for exploring your business idea and 'Start Your Own Business' training courses that help you develop your Business Plan and financial projections. Click here for details
Once you have a Draft Business Plan it is useful to get some feedback. You might consider applying for the DCEB Mentor Programme to help prepare your application. Click here for details
Step 2 - Eligibility
Please note, it is essential to fully investigate the eligibility requirements of these grants before applying.
Financial assistance is for businesses with manufacturing or a potential to export its products and/or services. If you have any queries please contact us to discuss your application (Tel: 01 635 1144 )
Dublin City Enterprise Board can offer funding to start-ups or established small businesses which:-
- Operate from Dublin City > Click here for map
- Have less than 10 employees > We fund sole traders as well as partnerships and limited companies.
- Operate in the areas of:-
- Manufacturing (including software development) and/or
- Internationally Traded Services (i.e. businesses which export or which have the real potential to do so). We also fund businesses whose activities attract tourism to Ireland.
- If you are meet the support criteria Finance is available for qualifying projects by way of grants and repayable loans. Click here to see the types of grants available.
- Your grant application and approval should be before you incur any costs or before you hire a new employee (in the case of employment grants).
Step 3 - Other sources of funding/ support
If you are not eligible for Dublin City Enterprise Board funding or you need additional funding you might consider;
- The Lord Mayor's €10 million Fund
- First Step
- Halo Business Angel Partnership
- Your local Bank or Credit Union
Step 4 - Financial Assistance Brochure
To find out more about how to apply for Dublin City Enterprise Board supoprt, read the brochure. Download here
Please note most financial assistance includes a refundable loan. Priming grants are 33% refundable. Business Development grants are 50% refundable. In some cases the financial assistance may be 100% refundable.
Step 5 - Applications for Eligible businesses (read Step 1 )
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Financial assistance applications must include new job creation, a new full-time PAYE, PRSI employee.
For Priming Grants, you must have made at least one commercial sale.
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Application forms must be typed, hand written applications are not acceptable
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Application forms must be signed and dated
- There must be 6 hard copies of all documentation supplied (this is for the DCEB file and 5 Evaluation Committee members) We are unable to accept applications by email.
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3 Written Quotes for each expenditure must be supplied with the application form
- Each section completed in full - do not write, 'see Business Plan'
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Applications must be accompanied with the relevant documentation including a C.V., 12 month projected cashflow, 3 year projected Profit and Loss A/c and for existing businesses the latest Accounts must be included
- The relevant Application Forms are available on the FORMS section of this website
- There must be a break of a minimum of 18 months between the drawdown of a Priming Grant/ Loan and an application for a Business Development Grant/ Loan
- Only 1 Priming Grant/ Loan per applicant can be approved.
If you have applied for Enterprise Ireland or have received Enterprise Ireland funding/ Innovation Voucher you will need to declare this. This excludes you from receiving Dublin City Enterprise Board funding. We double check but this saves us time.
Please note we can only accept a limited number of applications per round. It is advisable not to wait until the deadline day to submit your application. Any applications which are submitted after our quota has been reached will be put forward to the next round.
Before you apply, please make sure you are eligible for support (ie manufacturing and/ or exporting).
The application should come from the owner of the business for new employees (salary costs of €5-7k per new PAYE/ PRSI full-time permanent employee is the average approval amount, other costs are rarely approved).
| IT 15A |  Guidelines
on Definitions used in the Employment and Investment Incentive (E11)
and Seed Capital Scheme with effect from 25th November 2011 (PDF 204KB) |
November 2011 |
| New IT 15 (SCS) | Seed Capital Scheme - New IT 15 (SCS) Leaflet with effect from 25th November 2011 |
November 2011 |
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Dublin City Enterprise Board is funded by the Irish Government and part-financed by the European Union.