Every great business starts with an idea, but turning that idea into a successful venture takes research, planning, and the right support. That’s where the Feasibility Grant (LEO) comes in.
Designed to help Irish entrepreneurs and start-ups explore the potential of their business or product idea, this grant provides essential funding to test, validate, and plan your next big move.
At CAPIQAL, we take you through the whole process of the grant, starting from eligibility assessment to successful application submission, so that you can concentrate on business development with full assurance.
Key Takeaways
- The Feasibility Grant provides financial support for start-ups and entrepreneurs to research their business or product/service idea.
- Covers 50% of qualifying expenses up to €15,000.
- Available to start-ups and entrepreneurs planning a new business or product/service in the relevant Local Enterprise Area.
- Apply through your local LEO website.
What Is the Feasibility Grant (LEO)?
The Feasibility Grant is a funding scheme provided by the Local Enterprise Office (LEO) for the purpose of carrying out research and evaluation of business ideas or new products/services by start-ups and entrepreneurs in Ireland.
The main goal of this grant is to support early-stage research and planning activities by providing you with the resources necessary to determine if your idea has actual market potential and can be sustained in the long run.
Why Apply for the Feasibility Grant?
Getting your business idea off the ground requires more than passion; it takes strategic research and data-driven insights. The Feasibility Grant allows you to:
- Explore your market – Identify customer needs, trends, and competition.
- Test your idea’s viability – Understand if your concept is financially and technically achievable.
- Assess sustainability – Plan for long-term growth and market stability.
- Build investor confidence – Present your business with strong research-backed evidence.
This support helps reduce risk and ensures your business plan is based on real-world insights, not guesswork.
How Much Funding Can You Receive?
The LEO Feasibility Grant covers 50% of eligible project costs (excluding VAT), up to a maximum of €15,000.
Typical funding includes around €10,000, depending on the scope of your research. These funds can be used for a variety of approved expenses, such as:
- Market research and feasibility studies
- Consultancy fees
- Prototype development
- Product testing
- Salary costs for research staff
- Travel and trade fair expenses related to research
Who Can Apply for the Feasibility Grant?
This grant is open to:
- Start-ups planning to launch a new business
- Entrepreneurs developing a new product or service
- Businesses operating within their Local Enterprise Area
If you’re in the early stages of turning your idea into a reality, the Feasibility Grant could be the perfect stepping stone to move forward with confidence.
How CAPIQAL Can Help You Secure the Grant
Applying for grant funding can feel complex, but that’s where CAPIQAL makes all the difference.
We specialise in helping businesses across Ireland, the UK, and Europe access grant funding efficiently and successfully. With over €490M in funding secured for our clients, our expert team ensures your application stands out.
Here’s how we support you:
- Eligibility Assessment – We’ll review your business idea and confirm if it qualifies for the Feasibility Grant.
- Application Preparation – From identifying eligible expenses to creating a strong application, we handle it all.
- Submission Support – We ensure your application meets all Local Enterprise Office requirements.
- Post-Funding Guidance – After your grant is approved, we help you manage and report your project effectively.
With 91% client retention, we’ve built our reputation on results, reliability, and trust. Our clients range from innovative SMEs to established enterprises, all benefiting from our in-depth knowledge of grant processes and regulations.
The First Step to Your Business Success
The Feasibility Grant (LEO) can work as a launchpad to convert your idea into a successful business. Don’t allow the issue of funding to slow you down. Use this opportunity to get expert help for your business plan and make it more valid and stronger.
At CAPIQAL, we’re here to make the whole process easier and less stressful. We will provide help through the entire process – from validating ideas to getting funding.
Ready to Apply?
Let’s bring your vision to life.
Contact CAPIQAL today to share your business concept and find out how we can assist you in applying for the LEO Feasibility Grant. We can basically team up to make sure you can get the necessary funds to create a solid ground for your future success.
So, get in touch with us today to begin the journey and to make the first bold move into your entrepreneurial future.
