Commercialisation Fund: Feasibility Grant

About this scheme

The Commercialisation Fund Feasibility Grant supports third-level researchers to translate their research into innovative and commercially viable products, services and companies by funding an independent industry expert consultant. The consultant conducts a market opportunity assessment and explores potential routes to commercialisation for the researcher's technology, helping validate the potential market opportunity before further development. It provides researchers with €15,000 in funding. Applications are submitted through Enterprise Ireland's SmartSimple online application portal, a distinct system from the general Access Advice application route used by other Enterprise Ireland grants, and are accepted on a rolling basis with no fixed call deadlines.

Who can apply

• Applicant must be a third-level researcher based in Ireland
• All researchers, including staff on contract in third-level research institutions (e.g. post-doctoral scientists), and non-profit research-performing organisations and agencies in the Republic of Ireland can apply
• Applicants are strongly encouraged to engage with their institution's Technology Transfer Office and their Enterprise Ireland Commercialisation Specialist before applying
• Open call for feasibility applications; applicants can apply at any time (rolling basis)
• Funding is for engaging an independent industry expert consultant to conduct a market opportunity assessment and explore routes to commercialisation for the researcher's technology

How to apply

1. 1Read the eligibility requirements
2. 2Contact a member of Enterprise Ireland's dedicated Commercialisation Specialist Team to discuss the proposed project, and it is strongly encouraged to also engage with your institution's Technology Transfer Office
3. 3Once ready to apply, submit an application through Enterprise Ireland's online SmartSimple application system (a separate portal from the general Access Advice online application system); the online application forms provide a step-by-step guide for each tab; applications are accepted on an open, rolling-call basis
4. 4If approved, receive a Letter of Offer/Grant Agreement, then carry out the approved project
5. 5Submit Financial Claims using the Standard Financial Claim Form, and submit any Project Alteration Forms and Technical/Commercialisation Reports using the relevant templates (e.g. PI Technical and Commercialisation Report, Enterprise Ireland Commercialisation Specialist Report, or CF Feasibility Report, as applicable)
6. 6Submitted claims/forms/reports not fully completed will be returned; a Financial Claim that is in order is passed for approval and a payment request is made to the Finance Department, while a Project Alteration Form or Technical Report is forwarded to the Programme Manager or Commercialisation Specialist for the project, who will inform the applicant whether it is approved or rejected