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Enterprise Ireland

31 schemes tracked

HPSU Feasibility Study Grant

This Enterprise Ireland grant helps High Potential Startups (HPSUs) preparing to raise investment cover the costs of a feasibility study, so they can prepare an investor-ready business plan for bringing their innovative product or service to an international market. Maximum grant funding available is 70% of eligible expenditure, or €30,000, whichever is less.

Grant range
Up to €30,000
Funding level
70%
Support type
Grant
Last checked
4 Sept 2026
Start this application on Enterprise Ireland's website (opens in a new tab)

About this scheme

The HPSU Feasibility Study Grant helps High Potential Startups (HPSUs) interested in bringing an innovative product or service to an international market cover the costs of a feasibility study, so they can prepare an investor-ready business plan. It assists a new start-up company or individual entrepreneur to investigate the viability of a new export-oriented business or proposition, offsetting costs related to researching international markets, developing a business plan for international expansion, or developing a prototype. It can be used for research on export market potential, technical research and prototyping, and business and financial plan development. It is aimed at innovative HPSUs preparing to raise investment who are existing Enterprise Ireland clients. Maximum grant funding available is 70% of eligible expenditure, or €30,000, whichever is less. Named founders/promoters not yet drawing a salary can use a dedicated Salary Declaration Form to claim their time.

Who can apply

  • Must be an innovative High Potential Startup (HPSU) preparing to raise investment
  • Must be an existing Enterprise Ireland client
  • Funding can be used for research on export market potential, technical research and prototyping, and business and financial plan development
  • A progress report is required with each claim
  • A Salary Declaration Form for input of promoter(s) time can only be used by a named founder/promoter, as per the application form, who is not yet drawing a salary from the startup and not in receipt of any other income (employees must be paid)

How to apply

  1. Read the eligibility requirements and confirm existing Enterprise Ireland client / HPSU status
  2. Contact your Enterprise Ireland Development Advisor to discuss the proposed feasibility study
  3. Apply via Enterprise Ireland's online application process; if approved, receive a Letter of Offer confirming the grant, Project Number, approved expenditure and Final Claim Date
  4. Carry out the approved feasibility study (e.g. export market research, technical research/prototyping, business and financial plan development)
  5. Review the HPSU Feasibility Grant Claim Checklist before preparing the claim, to ensure all relevant documentation is to hand
  6. Download and complete the HPSU Feasibility Claim Form and Director Statement (one Excel workbook), the Progress Report - HPSU Feasibility (Word document), and, if applicable, the Salary Declaration Form for Input of Promoter(s) Time (Word document); only the Director Statement needs to be printed, signed and returned as a PDF, and the Excel claim worksheets must not be converted to PDF before submission or they will be returned
  7. Submit the completed claim to Enterprise Ireland for review and payment