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Investing In Ireland

Investment incentives in Ireland

Agencies


The Irish Government agencies, the Industrial Development Agency Ireland (‘IDA’) and Enterprise Ireland promote business development in Ireland.
While Enterprise Ireland is mainly concerned with the promotion of local Irish industry, the IDA deals with attracting foreign investment projects to
locate in Ireland.

There are particular areas in Ireland – the Shannon region South-West and the ‘Gaeltacht’ areas, where Gaelic, the Irish language is spoken, which have extra specific incentives above and beyond the normal investment incentives provided by IDA.

Grants


The grants available from the IDA provide financial assistance to businesses which become repayable only where the grant terms are broken within a five year period or where the business terminates. Grants are given for both manufacturing activities and internationally traded services. These grants include capital grants, employment grants, research and development grants and training grants.

The IDA can make available specific grants or a combination of grants which will frequently be calculated as an overall amount of grant per job,
based on the number of jobs to be created by the grant-aided project.

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