Smart Regions Enterprise Innovation Scheme

39 | Smart Regions Enterprise Innovation Scheme

Optional Travel: A maximum grant of €10,000 or 80% of eligible travel and subsistence costs, whichever is the lesser, over the period of funding to support domestic and foreign travel, which can be shown to have been reasonably incurred by employees of the applicant company and wholly for the implementation of the work programme. Modest foreign travel and subsistence for Irish-based consultants, specified at application stage and relating entirely to the proposed project, may also be eligible. All air/rail travel costs incurred must be for economy seat fares. All travel and subsistence expenses are subject to Enterprise Ireland’s current rates of travel and subsistence. Eligible Costs of Stream Four Priming Projects 24 The funding limit per project under Stream Four Priming overall will be up to a maximum €200,000 in grant aid per Priming Project, or 80% of total eligible expenditure, whichever is the lesser. Priming Funding is available for Consultancy, Travel and subsistence and Promotion costs as well as the cost of Rental of Office space for larger scale more significant scoping projects. Consultancy Support: The maximum daily rate of up to €900 per day including travel and expenses, (subject to evaluation panel approval) to support the hiring of appropriate external experts required to drive and deliver key elements of the work programme. Travel and subsistence: A maximum grant of €10,000 or 80% of eligible costs, whichever is the lesser, over the period of funding to support domestic and foreign travel which can be shown to have been reasonably incurred and wholly for the implementation of the work programme. Modest foreign travel and subsistence for Irish-based consultants, specified at application stage and relating entirely to the proposed project, will also be eligible. All air/rail travel costs incurred must be for economy seat fares. All travel and subsistence expenses are subject to Enterprise Ireland’s current rate of travel and subsistence costs. Promotional Activities: A maximum grant of €9,000 or 80% of eligible costs, whichever is the lesser, over the period of funding to support communication activities required to implement its work programme by a successful applicant. This may include awareness events, promotional material and website costs (excluding website design). Rental of Temporary Project Space: Where it is necessary to rent a temporary premises in the initial phase to commence the delivery of the project, the cost of renting/leasing this accommodation will be eligible up to a maximum grant of €10,000 at a grant rate of 80% of eligible expenditure from the effective start date of the project (call close date) post approval. This rental/lease support will be provided for up to 1 year only. The space is to be used for the purposes of the project only and there must be a commercial lease/licence in the name of the grantee in place. Rental cost can be paid 12 months in advance once a signed lease is entered into (subject to approval by the evaluation panel).

24 All eligible costs exclude VAT. Where applicants can certify through the Revenue Commissioners that they have unrecoverable VAT, it may be deemed an eligible expense under this fund.

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