Turn Your Idea into a Market Ready Opportunity
Every successful business starts with an idea. You need to determine whether your business concept will succeed before you commit your time and money resources.
The Commercialisation Fund Feasibility Grant which Enterprise Ireland provides enables researchers and entrepreneurs to conduct research that helps them develop their solutions.
The funding enables testing of commercial viability and market demand verification and prototype development for projects that are in their initial development stage.
If you have an innovative product, service, or technology with strong commercial promise, this grant can help you take the first practical step towards launching it successfully.
At CAPIQAL, we guide innovators through the full application process helping you secure funding and move from concept to commercial reality.
What Is the Commercialisation Fund Feasibility Grant?
The Commercialisation Fund Feasibility Grant provides funding support to help innovators determine whether their business idea can achieve commercial success. The program helps you determine the answers to essential business questions such as:
- Is there real market demand for my product or service?
- Who are my target customers?
- Is the solution technically and financially sustainable?
- What would it cost to bring this to market?
Instead of taking risks blindly, this grant allows you to test and refine your idea before scaling.
What Does the Grant Cover?
The funding is specifically aimed at the early feasibility stage of commercialisation. It can support:
- Market research and competitor analysis
- Technical validation
- Product or prototype development
- Design work
- Specialist consultancy
- Hiring short-term expertise
These activities are critical in shaping a strong commercial foundation.
By supporting these steps, Enterprise Ireland aims to encourage innovation that can create jobs, generate revenue, and strengthen Ireland’s economy.
How Much Funding Is Available?
The grant offers financial support of:
- Up to €15,000, or
- 50%–60% of eligible project costs, depending on your region
Regional Funding Rates:
- South East Region: 50% of eligible investment (up to €15,000)
- Border, Midland and Western Region: 60% of eligible investment (up to €15,000)
The higher support rate in certain regions reflects Ireland’s goal of encouraging balanced regional development.
While €15,000 may seem modest, it can be a powerful catalyst when used strategically to validate your business model and reduce early-stage risk.
Who Is Eligible?
The Commercialisation Fund Feasibility Grant is aimed at:
- Researchers
- Entrepreneurs
- Early-stage innovators
- Spin-out founders
- Individuals with commercially promising technologies
To qualify, applicants must demonstrate:
- A genuinely innovative idea or product
- Clear commercial potential
- The ability to create jobs or revenue in Ireland
- A structured plan for feasibility testing
This grant is particularly suitable for innovators who are not yet ready for full-scale investment but need structured validation first.
Why Feasibility Funding Matters
Many strong ideas fail because founders skip early validation. Without testing demand, cost, and scalability, businesses can run into avoidable risks.
Feasibility funding allows you to:
- Make data-driven decisions
- Reduce financial uncertainty
- Strengthen your investor pitch
- Prepare for larger funding applications
- Build confidence in your commercial model
In many cases, this grant acts as a stepping stone toward larger Enterprise Ireland supports.
How CAPIQAL Helps You Succeed
Applying for grant funding requires more than filling out forms. You must clearly explain the innovation, the commercial opportunity, and the project plan.
At CAPIQAL, we provide:
Strategic Project Review
We assess whether your idea meets Enterprise Ireland’s criteria and help refine your commercial positioning.
Application Writing Support
We help articulate market need, innovation strength, financial projections, and feasibility methodology.
Budget Planning
We ensure eligible costs are clearly defined and aligned with funding rules.
Post-Approval Guidance
If successful, we support you with claims, reporting, and next-stage funding strategy.
Our goal is not just to secure funding but to position your innovation for long-term commercial success.
Key Benefits of the Commercialisation Fund Feasibility Grant
- Reduces early-stage financial risk
- Supports prototype and design development
- Funds market validation activities
- Encourages regional enterprise growth
- Strengthens future funding applications
- Supports job creation in Ireland
For innovators serious about bringing ideas to market, this grant can be a critical first step.
Take the First Step Towards Commercial Success
The Commercialisation Fund Feasibility Grant provides funding to help you test, refine, and validate an innovative idea without carrying the full financial risk alone.
With expert support from CAPIQAL, you can build a strong application and maximise your chances of approval.
Contact CAPIQAL today to explore your eligibility and start turning your innovation into a commercial success.
FAQs
What is the maximum amount from the Commercialisation Fund Feasibility Grant?
The maximum grant is €15,000. It covers 50%–60% of eligible project costs depending on your region.
Who can apply?
Researchers, entrepreneurs, and innovators with strong commercial ideas that can create revenue and jobs in Ireland.
What costs can be funded?
Market research, consultancy, prototype development, design work and specialist expertise.
Is it only for technology projects?
No. The main requirements are innovation, clear market demand and growth potential, not just technology.
Can it lead to more Enterprise Ireland funding?
Yes. A successful feasibility project improves your chances for larger Enterprise Ireland supports or investor funding.
