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Market Discovery Fund (Údaras)

Carry out market research and develop a plan to enter new markets

Enterprise Ireland's Market Discovery Fund supports businesses who are looking to explore new market opportunities. 

Who is it for?

Businesses who are planning to enter into new international markets, or looking to introduce new products or services within existing markets.

You might be eligible if:

  • You are an Enterprise Ireland (EI) client
  • You are a potential EI client operating a small to medium or large business
  • You have been trading for 5+ years with annual revenues of at least €500K

Eligibility is subject to terms and conditions.


What do you get?

  • 50% of allowed expenditure up to a maximum grant of €150,000
  • There are four levels of funding available depending on your company’s size and number of employees

What can it be used for?

  • Covering internal and external costs of researching new markets and identifying new customers
  • Projects may be up to 18 months long
  • Grant support can be used to cover a wide range of expenses including salaries and overheads, overseas travel, rental of office space

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