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Building a business from your ideas 2011
1. Building a Business on your ideas Ideagen Oct 25th What Enterprise Ireland can do for you
2. R&D and Innovation Innovation Vouchers - €5,000 for small companies to get innovative solutions to technical and business challenges R&D Advocates scheme - assistance to explore how R&D can help your business and help you get involved in R&D The R&D Fund - grants for in-house R&D projects, small and large, and collaboration bonuses for company-to-company collaboration Innovation Partnerships – up to €250,000 available for collaborative projects between companies and research teams in Higher Education Applied Research Enhancement Centres – collaborate in clusters of companies and access equipment & knowledge EU, FP7 and ESA - access funding and research partners across Europe Competence Centres – industry-led research in emerging technology sectors
3. Summary of EI R&D Offer € 200k contribution Co-funding of company-specific R&D in Irish colleges or institutes Innovation Partnerships € 150k max project cost As for R&D Fund above, but small projects for small companies & new R&D performers R&D Fund Small Projects € 450k grant To develop new or improved products, processes and services R&D Fund On request establish the commercial & technical feasibility of new products, processes and services Feasibility Study On request help formulate effective R&D and design strategies to underpin business development Strategic Consultancy € 5k voucher to investigate new technology opportunity (3 rd level institute or knowledge centre) Innovation vouchers 3 days offered specialist R&D advice and consultancy – shared costs R&D Advocates Programme
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6. Geographical Distribution 55 Clare 21 Cavan 59 Kilkenny 22 Longford 62 Westmeath 27 Tipperary North 69 Wexford 28 Roscommon 69 Louth 31 Monaghan 70 Limerick 33 Laois 80 Carlow 36 Offaly 89 Kerry 36 Leitrim 97 Wicklow 51 Sligo 133 Donegal 51 Kildare 159 Galway 52 Mayo 187 Waterford 53 Tipperary South 340 Cork 54 Meath 705 Dublin City & County
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11. R & D Fund 40% 50% 50% Max Funding Rate 15% 15% 15% Bonus where there is collaboration between 2 or more companies 25% 35% 45% Innovative Projects that are technically challenging & involve significant risk € 450,000 Maximum Grant Grant Type of Funding Large Co. Medium Co. Small Company
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Editor's Notes
We can help companies of all sizes to engage in innovation and research activities. From €5,000 Innovation Vouchers open to all, through collaborative research, right through to industry-led R&D at the top of the innovation ladder, we are here to help. Companies investing in R&D activities may also qualify for tax credits under the R&D Tax Credit Scheme which is managed by the Revenue Commissioners.
The Enterprise Ireland R&D Advocates Programme is designed to help companies develop and grow through engaging in technical innovation, development and design. We can provide the assistance you need to work out if R&D can help your business. An R&D Advocate with a proven track record of success in business is selected to work with your company on our behalf.
The Innovation Voucher initiative was developed to build links between Ireland's public knowledge providers (i.e. higher education institutes, public research bodies) and small businesses. Innovation Vouchers worth €5,000 are available to assist a company or companies to explore a business opportunity or problem with a registered knowledge provider.
Enterprise Ireland supports companies, who wish to grow their sales and employment, through our R&D offer finance and expertise. Whether you are getting inolved in R&D for the first time or looking to expand the research and development activities of your company we can support you:
