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Funding for your new ERP solution

With the Capital Investment Initiative (CII) from Enterprise Ireland.

Capital Investment Initiative (CII)

What is the Capital Investment Initiative (CII)

The Capital Investment Initiative (CII) is designed to help Enterprise Ireland client companies improve productivity and competitiveness. This is done through acquiring new capital equipment and technology. The fund provides grant support up to a maximum of €250,000.

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SME

Are a Small to Medium-Sized Enterprise (SME) as defined by the Official Journal of the European Commission.

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Sales

Have been generating sales for at least 5 years.

Manufacturing icon

Manufacturing

Are a manufacturing and/or an internationally traded services company.

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3-Year Rule

Have not received approval under the fund in the last three years.

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Staff

Have 10 or more full time employees in Ireland at the time of application.

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EBITDA

Must be EBITDA positive in the previous accounting period or; for at least the previous nine months prior to application and can demonstrate sustainable future EBITDA.

SME icon

SME

Are a Small to Medium-Sized Enterprise (SME) as defined by the Official Journal of the European Commission.

Money icon

Sales

Have been generating sales for at least 5 years.

Manufacturing icon

Manufacturing

Are a manufacturing and/or an internationally traded services company.

Rules icon

3-Year Rule

Have not received approval under the fund in the last three years.

Staffs icon

Staff

Have 10 or more full time employees in Ireland at the time of application.

Data icon

EBITDA

Must be EBITDA positive in the previous accounting period or; for at least the previous nine months prior to application and can demonstrate sustainable future EBITDA.

Eligibility

SAP HANA

Eligible Costs – Business Management Software

Computers and perpetual software licenses used in the production process. For an ERP, MES or equivalent system, that could include costs for license purchase and costs for software customisation or modifications required to get the system operational as part of the initial installation, but excludes ongoing support & maintenance costs.

Eligible Projects

  • Increase Output: Demonstrate the potential to increase output by way of productivity or value add while maintaining or increasing employment in the company in the longer term.
  • International Trade: Demonstrate the potential to increase international trade.
  • Irish Business: Are submitted by Irish based firms in manufacturing and eligible traded service businesses.
  • Irish Business: Clearly show how the company plans to undertake the project, particularly in relation to the resources required to develop the project.
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Talk to us about the Capital Investment Initiative (CII)

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