Types of Financial Assistance

Financial assistance is only available for businesses in Dublin city that are meet the support criteria and are creating new employment and/or export opportunities.

Feasibility Study/ Innovation Grant

Please not you cannot avail of an Enterprise Ireland Innovation Voucher and DCEB funding simultaneously.

• Up to €7,500 or 50% of costs excluding VAT which ever is lesser 
• Claims must be made within 4 months of board approval date
• The DCEB New Product/ Service Development course can help you explore a new business idea before applying for a Feasbility Study grant.
• It is strongly recommended if you are applying for this funding that you attend the seminar on 31 January 'Feasbility Study & Commercialisation Seminar' Click here for more details
  

Refundable Priming Grant (33% or more of approved grant amount is refundable)

(When your business has started trading, ie made its first commercial sales and is taking on a fulltime paid employee within the next 2 months)

• 50% of costs excluding VAT, (average amount €15,000)
• For businesses less than 18 months old
• Claims must be made within 6 months of Board approval date
• You can only apply for Priming Grants if you include Capital and or Salary Costs
• Where a priming grant includes salary costs the first installment is made within 2 months of board approval date and the second installment along with all other approved expenses is paid 6 months later from the date of the cheque from the first installment
• 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.
  

Refundable Business Development/ Expansion Grant (50% or more of approved grant amount is refundable)

• 50% of costs excluding VAT, (average amount €20,000)
• For businesses older than 18 months
• Claims must be made within 6 months of Board approval date
• You can only apply for Business Development Grants if you include Salary Costs
• Where a priming grant includes salary costs the first installment is made within 2 months of board approval date and the second installment along with all other approved expenses is paid 6 months later from the date of the cheque from the first installment
• If you have received Dublin City Enterprise Board repayable funding before, you must have repaid in full before submitting further grant applications

Important Note: All above financial assistance applications must be submitted with a current Business Plan and Financial Accounts. 6 Hard Copies of all documentation must be submitted typed and signed.