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How to Secure InterTradeIreland Grants: Feasibility, Business Priming, and Expansion Support

How to Apply for Feasibility Study Grants from InterTradeIreland?
Feasibility Study Grants are available to help businesses evaluate the viability of new projects. To apply, follow these steps:
  1. Identify the Project: Define the scope and objectives of your feasibility study.
  2. Prepare a Proposal: Develop a detailed project plan, including objectives, methodology, and expected outcomes.
  3. Submit an Application: Complete the feasibility study grant application form available on the InterTradeIreland website.
  4. Review and Approval: InterTradeIreland will review the application, and if approved, funds will be allocated to support the project.
Example: Jane used a Feasibility Study Grant to conduct market research for her new line of eco-friendly products, leading to a successful product launch.
How to Apply for Business Priming Grants from InterTradeIreland?
Business Priming Grants provide initial funding to start-ups and new businesses to help them establish and grow. The application process includes:
  1. Develop a Business Plan: Outline your business idea, market analysis, and growth strategy.
  2. Prepare Financial Projections: Provide detailed financial forecasts and budgets.
  3. Complete the Application: Fill out the business priming grant application form, providing all required details.
  4. Submit and Await Decision: Submit the application to InterTradeIreland for review and approval.
Example: Caitríona’s digital marketing agency received a business priming grant to cover initial setup costs, including office rent, equipment, and marketing expenses, helping her launch her business successfully.
How to Apply for Business Expansion Grants from InterTradeIreland?
Business Expansion Grants support companies looking to scale their operations. The application process includes:
  1. Develop an Expansion Plan: Outline your expansion strategy, including market analysis and growth projections.
  2. Prepare Financial Projections: Provide detailed financial forecasts and budgets.
  3. Complete the Application: Fill out the business expansion grant application form, providing all required details.
  4. Submit and Await Decision: Submit the application to InterTradeIreland for review and approval.
Example: Pádraig’s seafood processing business used a business expansion grant to increase production capacity, leading to significant growth in domestic and international markets.
What is the Acumen Programme?
The Acumen Programme is designed to help small and medium-sized enterprises (SMEs) increase their cross-border sales. It includes:
  • Market Research: Assistance in identifying cross-border market opportunities.
  • Sales Strategy Development: Support in developing effective sales strategies.
  • Mentorship: Access to experienced business mentors.
  • Financial Assistance: Funding to cover costs associated with market entry and sales development.
Example: Liam’s tech firm used the Acumen Programme to develop a cross-border sales strategy, leading to new business opportunities in Northern Ireland.
How to Apply for the Fusion Programme?
The Fusion Programme supports innovation and collaboration between businesses and academic institutions. To apply:
  1. Identify a Knowledge Provider: Partner with a university, college, or research organization.
  2. Define the Project: Develop a project plan that outlines the innovative work to be done.
  3. Apply for the Programme: Submit an application for the Fusion Programme through InterTradeIreland’s portal.
  4. Implement the Project: Use the funding to support the collaboration and complete the project.
Example: Kevin’s software company partnered with a local university to develop a new AI algorithm using the Fusion Programme. The collaboration resulted in a cutting-edge product that boosted sales.
How to Get Funding for Cross-Border Trade Development?
Funding for cross-border trade development is available to help businesses enter and expand in new markets. The application process includes:
  1. Conduct Market Research: Identify target markets and develop a cross-border trade strategy.
  2. Prepare a Proposal: Outline your trade development plan, including market entry methods and marketing activities.
  3. Complete the Application: Submit the cross-border trade development funding application form with supporting documents.
  4. Review and Approval: InterTradeIreland will review the application and, if approved, provide funding to support your trade activities.
Example: Laura’s fashion brand used cross-border trade development funding to establish a presence in Northern Ireland, funding trade show participation and marketing campaigns.