RD&I Grant Incentives
A range of cash grants and financial supports for undertaking Research, Development and Innovation (RD&I) in Ireland are available from both Irish governmental agencies like the Industrial Development Agency (IDA) and Enterprise Ireland, and from the European Union. As part of our Global RD&I Services network, we offer extensive supports to assist companies in securing such funding to sustain and build on their existing investments in Ireland and as a mechanism to facilitate new FDI investment into Ireland.
Some factors to consider in relation to your RD&I grant incentives
- Are you intending to undertake R&D in-house or as part of a collaborative endeavour?
- What is the envisaged duration of the RD&I Programme?
- What level of investment do you require to deliver on the proposed programme?
- Given the myriad of incentive supports that are available, have you fully considered your specific requirements to ensure optimal alignment with the appropriate funding instrument?
What EY can do for you
Our dedicated and multidisciplinary team have a proven track record in offering a range of services that cover strategic support, grant instrument mapping, assistance with the grant application process, project implementation, ongoing grant compliance and reporting.
Our RD&I team works in collaboration with our global RD&I services network in the main innovation hubs in Germany, Belgium, France and the Nordics and collaborates with professionals in countries across EMEA. Contact our team to discuss relevant RD&I incentives and learn more about our suite of RD&I services.
How EY can help
- Reviewing project facts, correspondence, corporate entity structure, Irish entity details
- Providing our clients with a greater understanding of the envisaged investment plan and R&D strategy
- Assisting in the financial planning associated with the RD&I projects to ensure that the company maximises grant benefits
- Liaising with relevant funding bodies regarding funding and specific requirements
- Gathering the necessary project technical and financial information to draft a detailed RD&I grant application
- Preparing a company-specific grant compliance checklist and the detailed financial information for the company’s review to ensure documentation compliance with agency requirements
- Offering support around technical and financial progress reporting and grant funding drawdown
The diagram below gives an overview of our process for helping companies to maximise their RD&I grant benefits; however, this process can be tailored to meet your company’s specific requirements:
The team
Contact us
For a free 1:1 consultation to identify the potential incentives available to you, and how to maximise same for your innovation activities.
