info@myriadassociates.ie
Your trusted adviser for R&D Tax Credits and R&D Grants
Your trusted adviser for R&D Tax Credits and R&D Grants
Developing a new product, service, or process can be costly, time-consuming and risky. With a 70% success rate, Myriad can help you finance your innovative project by securing R&D grant money from the government that you don’t need to pay back.
Either work through the following six short sections to learn how to secure R&D grant funding for your innovative projects, or click on the relevant link below.
R&D grants are lump sums of money given to Irish companies by the government to fund the research and development of innovative products, services and processes.
If you’re conducting research and development to try and resolve a technical uncertainty, you could be eligible for R&D grant funding.
To be successful, your application must describe, in detail, the new commercial opportunity you’ve found, how you plan to exploit it, and how it will transform the market.
Applying for an R&D grant is competitive and time-consuming. For your application to win, you must:
Find out more via the FAQ's below.
Irish companies and organisations can apply for innovation grants from Enterprise Ireland and European grants. The key sources of R&D grant funding within Europe are listed below:
Horizon Europe is the successor to the EU’s Horizon 2020 programme. Horizon Europe aims to shape the future of Europe through research and innovation. It will run from 2021 to 2027 with a budget of €95.5 billion. You can find out more on our Horizon Europe page.
EUREKA Eurostars is a European programme for innovative SMEs wanting to take part in collaborative research with partners across Europe and associated countries. Enterprise Ireland supports Irish SMEs who want to get involved. You can find out more on our EUREKA Eurostars page.
"Marc and his team assisted Hooke Bio in securing EIC Accelerator funding (blended finance). I doubt we would have successfully navigated the complicated EIC process and portal without Marc's in-depth knowledge of the portal's structure and strategic grant writing. He has fantastic attention to detail, is easily contactable and always very clear with his feedback. Marc's assistance does not end with notification of the funding; he continues to advise, assist and put us in contact with others in his vast network who have received similar funding."
Dr Finola Cliffe
Hooke Bio Ltd
"Marc and his team have been an excellent support to Luminate, advising on DTIF and EIC Accelerator grant submissions. They have an obvious understanding of the funding requirements and have supported us through all phases, from grant writing to interview preparation. I would highly recommend him for support on deeptech funding applications."
Aaron Hannon
Luminate Medical
“Marc and the Myriad team helped us apply for and secure an EIC Accelerator Grant. I would recommend Marc and the wider team to anyone applying for this or any other type of funding. He has an incredible talent for structuring and writing technical content such that it is both easy to understand and compelling and a knowledge of the process that is second to none. Consultants often have a sometimes-earned reputation for "give me your watch, and I'll tell you the time". Marc could not be more different to this. His optimism, proactivity, resilience and sense of humour kept us going through a challenging process from beginning to end. I lost count of the number of times he has said, "Don't worry, I'll do that". He's also a great bloke, and I look forward to having the opportunity to work with him again in future.”
Dominic Griffiths
Alesi Surgical
"Marc is the best in the grant funding business, with a stellar success rate at innovation funding mechanisms. He acts as a guide to enable the reviewer to be the hero - clarifying your message so the audience will listen - and his approach works. I've heard Marc described as a great grant writer and editor, but that description is an injustice to his deep expertise, effort, and skill. We've had a 100% success rate for all applications we've worked with Marc - notably EIC Accelerator grant-first (plus future equity) success in 2021."
Stephen Cox
Invera Medical
“Kite Medical had the pleasure of working with Marc on a recent grant application to the EIC Accelerator, which was successful. Marc became part of our team during this time and was a consistent calming influence. He is so knowledgeable about this process and works so efficiently that it significantly enhanced our experience. We would be more than happy to recommend Marc and his team at Myriad.”
Joan FitzPatrick
Kite Medical
"Lauren and the Myriad team helped us apply for and secure funding through the Disruptive Technologies Innovation Fund (DTIF). Lauren was instrumental in our success, providing CergenX and the other consortium members with clear guidance, advice, and writing expertise. I look forward to continuing this working relationship, and I would recommend Lauren and the wider team to anyone applying for this or any other funding of this type."
Jason Mowles
CergenX
"The Galenband team collaborated with Lauren through Myriad to prepare our grant submission. Throughout this process, Lauren demonstrated a wealth of knowledge, offering insights and clarity on the nuanced details of a grant application. This significantly expedited and streamlined the proposal and interview preparations. We look forward to continuing our collaboration with Lauren during the grant agreement process and sincerely appreciate the support received thus far."
Oisín McGrath
Galenband
"We worked with Lauren and Marc at Myriad for over a year in preparing our submission for the EIC Accelerator, and they were a pleasure to work with during that time. They helped us with every step from proposal writing to interview preparation and were key to our success in securing the approval for a Grant-First Award of €2.5m followed by €6m in equity. We continue to work with Lauren and Marc since their experience is invaluable in the ongoing management of our grant, and it frees me up as CEO to focus on driving the business, knowing that I am in their safe, guiding hands. I couldn't recommend Lauren, Marc and Myriad highly enough!"
Peter F Doyle
BioSimulytics
"We worked with Lauren and Marc at Myriad for over a year in preparing our submission for the EIC Accelerator, and they were a pleasure to work with during that time. They helped us with every step from proposal writing to interview preparation and were key to our success in securing the approval for a Grant-First Award of €2.5m followed by €6m in equity. We continue to work with Lauren and Marc since their experience is invaluable in the ongoing management of our grant, and it frees me up as CEO to focus on driving the business, knowing that I am in their safe, guiding hands. I couldn't recommend Lauren, Marc and Myriad highly enough!"
Mark Brassil
Smart Reactors Ireland and Cerefuze Medical Devices UK Ltd
"Working with Myriad on our EIC grant submission was more than a pleasure. They have much experience in grant writing. We were successful with their expert guidance and support. Thanks for all your help, Myriad! You did a great Job!"
Shahar Shaked
BioProtect Ltd
“As a result of working with Myriad, we have secured grant funding on three separate occasions, and we're currently waiting for the results of another grant application we've made. We certainly think that with Myriad’s help, we've been able to produce a very strong application.”
Chris Stanford
Arden Biotech
”Once we met with Marc, it became apparent he understands precisely what the EU is looking for. Even though it was our grant, our proposal, and it was for our company, we could feel he was invested in it. He just had little ideas that really helped to make sure we got all the marks that were going."
Dr Kate Reddington
BioProbe Diagnostics
"Marc and the Myriad team are such pros; his work ethic and attention to detail, coupled with his strategy guidance, are so compelling, and his results speak for themselves; it can't be all down to luck.”
Tony Killarney
ONK Therapeutics
Applying for a grant is a time-consuming and resource-intensive process. You need to be able to make a robust case for your innovation, from both a technical and a commercial perspective, for your grant application to be successful.
Each grant competition has its own rules and requirements. You need to ensure that your innovation meets the competition scope and that you are eligible to apply. You can contact us for further guidance to determine whether you're applying for the correct competition.
Grant applications are usually examined by independent experts in the area of innovation identified in the application. The number of experts scoring the application depends on the grant awarding body.
Award-winning projects will involve breakthrough technologies and disruptive innovations that draw on unique strengths from Europe and provide global opportunities to scale up.
Myriad have an enviable track record with R&D grant applications. Using our grant application services can give you a significant competitive advantage over other grant applicants.
Our grant bid writers have secured over €300m for our clients in the last three years. We are also very proud to have secured some of the highest-scoring applications in Europe, with five of our projects scoring 15/15.
About Myriad
Applying for a research and development grant requires a considerable time commitment.
Myriad would recommend that you follow the below process if you plan to submit your own application for R&D funding:
Your grant application is more likely to be successful if it:
Each R&D grant scheme has its own timeline for providing feedback and a decision on funding. It could take a few weeks, or it could be several months.
If your application is successful, you must provide the information required by the grant awarding body, which may include further documentation and financial checks. Depending on the awarding body, you may be assigned a monitoring officer.
Funding is generally paid in arrears once the required audits and reports are complete. Each grant-awarding body has its own payment rules.
Grants often fund activities that support the research and development of an innovative product, service or process, such as:
Yes. You can receive R&D grant funding and claim R&D tax credits for the same project. However, to get the maximum amount of R&D credits, there are several complex stipulations that you must understand before you progress with your R&D tax claim and R&D grant application.
R&D grant and tax credit specialists like Myriad can advise you on how to get the maximum amount of R&D tax credits and R&D grant funding for your innovative projects.
Contact us now for help, support and guidance.
Grant applications are usually examined by independent experts in the area of innovation identified in the application. The number of experts scoring the application depends on the grant awarding body.
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