Smart Regions Enterprise Innovation Scheme | 32
ώ Supportable Capital infrastructure Renovation/Upgrade costs – Eligible costs include the building purchase cost, building modification costs 13 and related architectural and engineering design fees. Enterprise Ireland will allow modification costs for renovation and upgrade under the following headings: » Internal structural work such as conversion of manufacturing space to office space or vice versa » Upgrade of Broadband/Wi-Fi access » Equipment/Fit out including hardware and software 14 » Hot desk Facilities » Architectural/Design fees Upgrades of infrastructure will not include works that can be considered by Enterprise Ireland as routine/minor wear and tear/maintenance work etc. Ineligible Costs Site purchase costs are not eligible. Own labour/own management costs related to the construction are also not eligible costs for support. Preparing a funding application for Stream One Each project needs to establish as accurately as possible the following costs, to enable them to submit an eligible application for Stream One funding support. Building projects will be expected to have completed a full design and build costing and ideally will have progressed to planning application stage with their project. Both Feasibility (up to €50k grant) and Priming (up to €200k grant) supports are available to assist projects to progress to full planning stage. Projects are expected to be able to move to submission of planning and completion of tendering/ procurement within three to four months of approval of funding, with build completion within two years of approval. Project Costs (Infrastructure) These should include the full cost of new building works; refurbishment; professional fees; building fit-out,plus equipment necessary to ensure functionality of the local infrastructure, including for specific economic activities that will be provided by a private operator to be selected in an open and transparent procedure.
13 Regarding modification costs the groups must own the building or must hold a lease with not less than 15 years remaining on the lease. 14 Equipment must be less than 5 years old; hardware and software must be new.
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