Grants available to support Irish companies in mitigating US tariff impact



Enterprise Ireland has introduced three new grant schemes to help Irish companies manage the challenges posed by recent US tariffs. The supports are designed to provide practical assistance in developing tariff mitigation strategies and diversifying into new markets, with funding available for access to expert advice, market research, and the validation of new opportunities.

 

The main Grants offered at this time include:

  • Enterprise Ireland’s Access Advice offers a grant of €5,000 to support a clearly defined engagement objective related to the US tariffs.
  • Enterprise Ireland’s Market Research Grant provides funding of up to €35,000 for companies to assess the full impact of tariffs, gain market insights, and develop mitigation strategies.
  • Enterprise Ireland’s New Markets Validation Grant offers funding of up to €150,000 for companies to develop market entry strategies for new markets or new products.

The Market Research Grant may be of particular benefit to clients seeking support at this time.


Access Advice 

The aim of the Access Advice offer is to support eligible companies in accessing external expertise to address defined critical business needs - or example, consulting support related to the US tariffs.

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Market Research Grant 

In summary, this provides 50% of eligible project costs, up to a maximum of €70,000 (i.e. a €35,000 grant).

Support may be approved for eligible expenditure across a range of categories, including consultancy.

This funding is particularly aimed at helping companies address the challenges arising from tariff-related disruption in export markets, by enabling them to:

  • Assess and quantify the impact of tariffs on their business.
  • Access specialist advice to develop effective mitigation strategies and address knowledge gaps.
  • Evaluate supply chain vulnerabilities and explore mitigation strategies.
  • Engage with customers and identify further opportunities in evolving markets.
  • Review pricing strategies as part of overall mitigation planning.
  • Assess the impact of tariff changes on competitors.
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New Markets Validation Grant 

This is a more comprehensive grant, offering support of up to €150,000, as follows:

  • Covers internal and external costs incurred when researching and validating new markets
  • Projects may run for up to 12 months in duration
  • Eligible companies will be exploring either a new geographic market for an existing product/service, or an existing geographic market for a new product/service
  • Support may be approved for eligible expenditure across a broad range of categories, including:
  1. Salaries and overheads
  2. Overseas travel and subsistence
  3. Consultancy
  4. Business accelerators
  5. Trade fairs
  6. Reports
  7. Rental of office space (for research purposes)
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Unlock the full value of Enterprise Ireland’s new grants with guidance from BDO’s Customs & International Trade specialists. We help you navigate tariff challenges and secure support to strengthen your global trade strategy.

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