MIT grant scheme

The aim of the MIT grant scheme (SME innovation stimulation grant scheme in Regional and Top Sectors) is to stimulate innovation in midrange and small businesses across regional borders. The cabinet and regions together made over €50 million available for SME innovation stimulation in Regional and Top Sectors (MIT) in 2015. The budget was increased to €55 million for 2016.

The MIT grant scheme was started on 10 May 2016 for all instruments not including the R&D collaborative projects. These projects can apply for a grant from 5 July 2016. The closing date for all instruments is on 1 September 2016. The grant applications are processed in order of arrival, with the exception of R&D collaborative projects, which are subject to a tender procedure.

For more information about applying for a grant from the DEI scheme, please see the MIT website.