BUSINESS ENHANCE

The Startup Investment Grant Scheme, financed by Business Enhance, helps Startups by co-financing their initial productive investment in tangible and intangible assets, in line with a business plan, to implement their business growth strategies.

To be eligible for the Start-up Investment Grant Scheme, financed by Business Enhance, the applicant must be a Start-up.

To be eligible for the Start-up Investment Grant Scheme, financed by Business Enhance, recipients must carry out at least of the following activities:

- the production, manufacture, improvement, assembly, preservation, processing of goods, materials, commodities, equipment, plant machinery;

- biotechnology, pharmaceuticals and life sciences;

- research and technological innovation;

- information and communication technology development activities, software development;

- eco-innovations, and environmental solutions;

- tourism products and services;

- the development, and/or provision of E-health solutions;

- the development and provision of services and products promoting healthy living;

- the development and provision of services and products promoting active ageing;

- the development and provision of services and products related to child-day care;

- the development and creation of crafts and artisan products;

- retail activities by self-employed and family businesses engaged in a craft;

- start-ups proposing products and/or services that can be marketed and distributed internationally and which are typically more advanced than those prevailing in their respective industry in terms of technology, know-how and skills.

The call for the Startup Investment Grant Scheme, financed by Business Enhance, expires on  12-31-2023.

The costs eligible for the Startup Investment Grant Scheme, financed by Business Enhance, are:

- lease/rental of private operational premises;

- construction/up-grades of private operational premises;

- purchasing of equipment, machinery and plant;

- patents and licenses.

The maximum amount of aid that may be provided by the Start-up Investment Grant Scheme, financed by Business Enhance, to an undertaking shall not exceed €300,000, part-financing 50% of eligible expenditure.

The type of financing provided by the Start-up Investment Grant Scheme, financed by Business Enhance, is a non-repayable grant, partially fund their initial productive investment costs and implement their business growth strategies.

The funding body for the Start-up Investment Grant Scheme is Business Enhance.