Unlocking Business Funding in Ireland: Grants and Supports You Should Know About

Starting or growing a business in Ireland can be a challenging journey—but it doesn’t have to be a lonely one. There is a broad range of funding options, government grants, and local authority supports available to both new and existing businesses. At AMQ, we work with business owners every day who are exploring these opportunities to fund their next stage of growth or support a transition. Understanding what’s available—and how to access it—can make all the difference.

Why Grants Matter for Irish Businesses

Whether you're launching a new venture or scaling an established company, access to funding is critical. Government grants can help reduce startup risk, ease cash flow pressures, and fund innovation, training, or international expansion. The good news? Ireland has one of the most active grant environments in Europe, particularly for small and medium-sized enterprises (SMEs).

Key Government Supports Available

1. Local Enterprise Office (LEO) Grants

Your Local Enterprise Office should be your first stop. Each county in Ireland has a LEO that provides targeted funding, training, and mentoring.

• Feasibility Study Grant: For testing the viability of a business idea.

• Priming Grant: For startups within their first 18 months of trading.

• Business Expansion Grant: For existing businesses seeking to grow.

• Trading Online Voucher Scheme: Covers up to €2,500 to help businesses build an eCommerce presence.

  
  

LEOs also offer mentorship programmes, networking opportunities, and access to Microfinance Ireland loans.

2. Enterprise Ireland Supports

For companies with export potential or in the innovation space, Enterprise Ireland offers larger-scale funding options:

• High Potential Start-Up (HPSU) Support

• Competitive Start Fund (CSF): Early-stage seed funding.

• Innovation Vouchers: €5,000 worth of innovation collaboration with a research partner.

• Agile Innovation Fund: For companies developing new products or services.

  
  

3. Microfinance Ireland

If your business has fewer than 10 employees and is struggling to access bank finance, Microfinance Ireland offers loans of €2,000 to €25,000. These are often accessed via your LEO and come with favourable interest rates and support structures.

4. Strategic Banking Corporation of Ireland (SBCI)

SBCI provides low-cost loans via commercial banks and credit unions. Their Future Growth Loan Scheme is ideal for capital investment, while other schemes support working capital or green projects.

5. Local Authority & Regional Supports

Some local councils offer rate relief or specific startup incentives. In rural areas, the LEADER Programme—run by Local Development Companies—can fund rural enterprises, agri-tourism, or community-led businesses.

Tips for Navigating the Application Process

• Start early: Some grants have long lead times or strict deadlines.

• Be prepared: A solid business plan, cash flow projections, and clarity on how funds will be used are essential.

• Ask questions: LEO advisors and Enterprise Ireland development officers can offer practical advice.

• Know your eligibility: Some grants are industry-specific or limited to certain regions or business sizes.

  
  

Funding Isn't Just Financial

Remember that not all supports come in the form of cash. Mentorship, training workshops, networking, and export assistance can be just as valuable. These resources help improve decision-making and avoid costly pitfalls—particularly during a period of change like business sale, expansion, or restructuring.

Final Thoughts If you’re a business owner in Ireland, funding opportunities are more accessible than ever—provided you know where to look. At AMQ, we assist business owners in preparing for critical business transitions, including accessing supports that can make growth more achievable and sustainable.

Whether you’re just starting out or looking to expand, understanding your grant and funding options is a smart first step. Reach out to your LEO, explore Enterprise Ireland, and don’t hesitate to contact us if you’d like guidance on making the most of available supports.

Need help preparing your business for growth or funding applications? Contact us today at AMQ.