Innovation Scheme for SMEs

Innovation Scheme for SMEs

Innovation Scheme for SMEs

This scheme may provide grants to SMEs employing less than 50 employees

Eligible projects may include transitioning of business operations to industry 4.0, creation of IoT solutions, integration of AI processes.

The scheme can cover 50% of costs up to a maximum of €200,000.

Larger businesses can still benefit from this scheme when they collaborate with smaller SMEs.

Official guidelines and application to follow.

Economic Support Measures

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Innovation Scheme for SMEs
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Quarantine Leave
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Rent Refund
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Electricity Bill Refund
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Wage Supplement
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Business Re-engineering
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Microinvest Cash Conversion
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Export Credit Guarantee
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Modernisation of equipment — Construction
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Investment Aid COVID Products
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Skills Development Scheme
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Ongoing Measures
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Others - June Regeneration Budget
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Industrial Infrastructural Projects
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COVID-19 R&D Fund