COMMERCIALISATION FUND - COMMERCIALISATION OF RESEARCH AND DEVELOPMENT (CORD)

Aim
The key aim of the Commercialisation Of Research and Development (CORD) grant is to bring a new product idea/business ventures from our third-level educational institutions to market.

Who qualifies?

A knowledge-based Campus Companies (status conferred by a college)

An academic entrepreneurs

Non-academics interested in forming a Campus Company
A research associated with PATs and Technology Centre Programmes
To be supported, your product idea or business venture must involve an innovative technology, which may have been supported under Enterprise Ireland's Technology Development Phase or
be an unique application of an existing technology or be an internationally traded service that can be developed into a High Potential Start Ups.

What are grants awarded for?
The grants are designed to enable the commercial viability of your project to be assessed.

Funding is available for:

Market Research

Product Trials/Market Assessment

Establishing Links with Potential Joint Venture Partners

Cost Analysis

Financial Projections

Level of Funding
CORD grants may be approved up to 50% of eligible expenditure with a ceiling of €38,000 per grant.

Details of expenditure limits, expenditure items, payment and application process are available on the Enterprise Ireland website >>

Where can I get more information?
Edel Stanley
Tel: +353 (0)1 808 2042 or
see the Industrial Liaison Office
on your college campus.