By Shannon Power, 21st March 2025
Starting or growing a business can be financially challenging, but the Irish government offers invaluable support to entrepreneurs through small business grants. These grants provide funding for various business needs, including startup costs, expansion, innovation, and sustainability without the burden of repayment. Whether you’re launching a new venture or looking to scale your existing business, accessing the right grants can make a significant difference.
In this guide, we’ll explore the key government agencies that provide small business grants in Ireland, highlight some of the top funding opportunities for 2025, and walk you through the application process to help you secure the financial support your business needs.
Why Government Small Business Grants Make a Difference
The Irish Government offers a wide range of small business grants designed to help entrepreneurs establish and grow their companies. These grants support various business needs, including startup costs, expansion, digitalisation, and sustainability.
Unlike loans, government grants do not need to be repaid, providing businesses with a financial boost without the burden of debt. By securing available funding, you can allocate more resources toward developing your products and scaling your business to its fullest potential.
Overview of Government Grant Providers in Ireland
Ireland has a strong support system for small businesses, with various government agencies offering financial assistance through small business grants. Below is a breakdown of the key government bodies that provide small business grants in Ireland.
Enterprise Ireland – provides funding to high-potential startups and companies that plan to expand internationally. Their grants focus on innovation, research and development (R&D), and export-led businesses.
Local Enterprise Offices (LEOs) – are the first point of contact for small businesses seeking support. With offices across Ireland, LEOs offer funding, mentorship, and training to micro and small enterprises in various industries.
IDA Ireland – focuses on attracting foreign direct investment (FDI) into Ireland. While their funding is aimed at multinational companies, some grants and incentives are available to Irish businesses that contribute to economic growth and job creation.
Údarás na Gaeltachta – provides support to businesses operating in Gaeltacht (Irish-speaking) regions. Their funding helps businesses create jobs and promote economic growth in these areas.
InterTradeIreland – For businesses operating between Ireland and Northern Ireland, InterTradeIreland provides funding to help companies develop cross-border trade.
Best Government Grants for Irish Businesses in 2025
Enterprise Ireland:
- HPSU Feasibility Study Grant: Covers 70% of eligible costs (up to €30,000) to assess the viability of a business strategy.
- Pre-Seed Start Fund: Provides €50,000 to €100,000 via a convertible loan note to help early-stage companies develop market-ready products. Also includes 10 mentoring sessions and support from an Enterprise Ireland Development Advisor.
- Innovative HPSU Fund: Offers up to €1.2 million in equity investment for startups working on high-potential ideas, products, or technologies.
- Innovation Vouchers: Grants of €5,000 or €10,000 to help SMEs collaborate with publicly funded Knowledge Providers in Ireland and Northern Ireland to solve business challenges and explore new opportunities.
Local Enterprise Offices (LEOs):
- Feasibility Study Grants: Provides up to €15,000 to assess market demand and the sustainability of a new product or service.
- Priming Grants: Offers up to €150,000 for micro start-ups in their first 18 months. Available to eligible sole traders, partnerships, and limited companies with up to 10 employees.
- Business Expansion Grants: Offers up to €150,000 to businesses in their growth phase after the initial 18-month start-up period.
IDA Ireland:
- Research, Development & Innovation (RD&I) Supports: Funding & 25% tax credit for eligible R&D activities.
- Business Asset Grant: Supports companies in expanding to new markets or launching new products.
- Business Development Programme: Funds consultancy services to help businesses with strategic growth.
- Training Grant: Financial support for employee upskilling and workforce development.
How to Apply for Small Business Grants in Ireland
If you’re planning to apply for any of the grants mentioned above, it’s crucial to meet all requirements to ensure a smooth and successful application process. We recommend thoroughly researching your chosen grant to understand the eligibility criteria, required documentation, and application deadlines.
A strong business plan and accurate financial statements can significantly strengthen your application, demonstrating to the government that your business is a stable and trustworthy investment.
To avoid delays or rejections, double-check that all details are correctly entered and that you’ve submitted the required documents. Working with a professional advisor can further enhance your chances of success by ensuring your application is error-free and fully compliant with the grant’s requirements.
Conclusion
Government small business grants can be a game-changer, offering entrepreneurs and small business owners the financial boost they need to succeed. Whether you’re a startup seeking initial funding or an established business looking to expand, there are numerous grant opportunities available to help you grow without taking on debt.
By understanding the eligibility criteria, preparing a strong business plan, and ensuring your application is complete and accurate, you can improve your chances of securing funding. If you need assistance navigating the grant application process, seeking professional advice can be a smart investment.
If you need advice on starting and growing your company in Ireland, please get in touch with the Company Bureau team for a free consultation. Call us at +353(0)1 6461625 or fill out our online contact form.
Disclaimer: This article is for guidance purposes only. It does not constitute legal or professional advice. No liability is accepted by Company Bureau for any action taken or not taken in reliance on the information set out in this article. Professional or legal advice should be obtained before taking or refraining from any action as a result of this article. Any and all information is subject to change.