The R&D Fund is designed to provide support for research, development and technological innovation relevant at all stages of company development, and which will enable companies to progress from undertaking an initial research project to high level innovation and R&D activity.

Aim of the R&D Fund

The aims of the R&D Fund are to:

• Help manufacturing and service firms to develop innovative products, processes and services.
• Increase the number of companies performing effective R&D in Ireland.
• Increase the scale of the investment in R&D in Ireland.
• Increase the number of companies doing R&D for the first time.
• Ensure Irish based companies, particularly Small to Medium Enterprises (SMEs), protect their futures by helping them reach and exceed European and international norms for R&D investment.
• Increase the quantity and quality of the R&D linkages between companies, and between companies either in Ireland or internationally, through collaborative research programmes such as EUREKA etc.

The maximum R&D grant that a company can receive is €450,000. Companies with projects in excess of this amount will be evaluated on a case by case basis by the Enterprise Ireland Investment Committee using a similar approach and grant rates as the R&D Committee.

There is a call at the end of each month.

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