Research & Development initiatives address uncertainty thus undertaking a feasibility of the research before committing to the investment could help minimize risk.
A Feasibility Study will help the enterprise identify the technical, operational and commercial risks linked to the project, establish what resources are required to implement the project and what is already available and accessible.
Conducting the study can also help businesses determine the commercial potential of the products and services that might result from the research activity, enabling them to take a more knowledgeable decision on the financial risk of the envisaged project.
Types of enterprise: limited liability companies, partnerships and cooperatives.
Applicants must not be defaulting on Income Tax, VAT and Social Security payments.
Applicants must not be considered Undertakings in Difficulty.
