SME Growth Grant Scheme

Eligible Companies

SMEs implementing growth strategies related to the extension of the capacity of an existing establishment, or the setting up of a new establishment. Such investment should result in the growth of the undertaking and an increase in the number of employees (full time equivalent) employed by the undertaking.

Exclusions

Exclusions include: agriculture, forestry and fishing; the processing and marketing of agricultural products; public entities not carrying an economic activity; manufacturing, processing and marketing of tobacco and tobacco products; energy generation, distribution and infrastructure; the steel sector; the coal sector; the shipbuilding sector; the transport sector; the synthetic fibres sector; financial and insurance activities; real estate activities; gambling and betting activities; investment to achieve the reduction of greenhouse gas emissions from activities listed in Annex I to Directive 2003/87/EC; actions addressing training and mentoring activities; actions resulting in the decommissioning or the construction of nuclear power stations; actions resulting in investment in airport infrastructure unless related to environmental protection or accompanied by investment necessary to mitigate or reduce its negative environmental impact; undertakings engaged in an illegal economic activity.

Maximum Grant

Eligible Costs

Lease of private operational premises; construction/ upgrades on private operational premises; purchasing of new equipment, machinery and plant; and patents and licences.