The support is expected to lead to the company developing, at least, one of the following characteristics:

• An identified ongoing R&D budget,
• At least one individual full time person dedicated to R&D
• A continuing R&D budget of between €100-200K per annum
• A written plan for R&D projects being/to be carried out

Examples of activity which could be supported include in, for example:

• Researching opportunities for new product/process development
• Developing an R&D business plan
• Hiring an R&D consultant

Under the R&D Stimulation grant Enterprise Ireland can fund a portion of costs incurred such as,

• Salaries and wages of the company's personnel
• Consultancy
• Travel and subsistence

The maximum grant rate is 50% and the maximum grant available is €30,000.

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