Deloitte Gi3 hosts IrBEA Breakfast Briefing

On Thursday 15 November 2018, Deloitte Ireland’s Gi3 team hosted an Irish BioEnergy Association (IrBEA) breakfast briefing on BioEnergy RD&I funding. Almost thirty decision-makers from companies across the bioenergy sector heard three speakers who examined a range of topics regarding available funding initiatives.

Following an introduction from Adrian Walker, Director Deloitte Gi3, and Sean Finan, CEO IrBEA, Pat Martin of the Department of Communications, Climate Action and Environment discussed the opportunities available to companies for funding under the European Commission’s LIFE programme. The LIFE Programme is open to any public or private organisation registered in the European Union and provides 55% funding for the demonstration of innovative solutions in line with European environmental legislation.

Joanne Sheahan of Enterprise Ireland (EI) then discussed EI’s range of RD&I funding supports. Joanne focussed on the Exploring Innovation Grant (technical feasibility), Agile Innovation Fund, R&D Grant and Intellectual Property Strategy Support. She also described the Innovation Vouchers and Innovation Partnerships programmes and outlined some of EI’s eligibility requirements.

Finally, Brian McDonnell of Deloitte Gi3 examined the range of national and EU grants and tax incentives that are available to companies at all stages of the R&D project lifecycle, from discovery through to market introduction. Brian highlighted the importance of researching and understanding the available and applicable funds, to develop a holistic view of funding mechanisms available to enable the development of a targeted funding roadmap. The interaction of various different funding mechanisms with tax incentives and the importance of capturing, retaining and leveraging all relevant supporting documentation.

Contact us for further information on all available funding mechanisms.

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