Enterprise Ireland Market Discovery Fund
The Enterprise Ireland Market Discovery Fund helps Irish businesses explore and validate opportunities in new global markets. From initial market research to the development of go-to-market strategies and execution planning, LOCOMOTIVE partners with you every step of the way to maximise this funding and accelerate your export growth.
What Is the Market Discovery Fund?
The Market Discovery Fund is a government-supported funding program designed to help Enterprise Ireland client companies:
Who Is Eligible?
To qualify for the Enterprise Ireland Market Discovery Fund, companies must:
Not sure if your project qualifies?
How We Help You Succeed
Through collaboration, our team ensures your business optimises the Market Discovery Fund.
Grant Pre-Planning & Scope Definition
- Opportunity assessment in new international markets
- Budget & activity planning to align with grant requirements
Market Research & Strategy Development
- Competitor analysis, customer profiling, buyer journey mapping
- Go-to-market strategy development
- Channel & partner identification
Application & Reporting
- End-to-end support through the grant application process
- Templates, documentation and reporting assistance
How It Works
Working with LOCOMOTIVE ensures clarity and momentum throughout the grant process.
FAQs
What can the Market Discovery Fund be used for?
The Enterprise Ireland Market Discovery Fund can be used to fund activities that support your entry or expansion into new international markets. This includes market research, strategic planning, competitive analysis, partner identification, and even salary or consultancy costs related to export-focused roles. LOCOMOTIVE helps you prioritise and structure these activities to align with the funding criteria and maximise your return on investment.
Can LOCOMOTIVE help with the funding application process?
Yes! We offer full support throughout your Market Discovery Fund application, including defining the scope of your project, building a compelling business case, outlining a detailed activity timeline, and preparing required documentation. With over 15 years of experience supporting Enterprise Ireland client companies, we know exactly what’s needed for a strong submission – and how to move from application to execution seamlessly.
How do I know if my business is eligible for the Market Discovery Fund?
To qualify, you must be an Enterprise Ireland client company with the ambition and capacity to grow export sales. Your business should be looking to explore a new geographic market or launch a new product or service in an existing international market. If you're unsure whether your project fits, LOCOMOTIVE can help you assess your eligibility and advise on the best strategic approach for your funding application.
Trusted by Leading Companies
What Our Clients Say"The LOCOMOTIVE team helped us navigate the Market Discovery Fund seamlessly from strategy creation to partner assessment setting us up for long-term success in a the North American market."
Ready to Bring Your Solution to new International Markets?
LOCOMOTIVE is your strategic partner in unlocking the potential of the Enterprise Ireland Market Discovery Fund. Fill in the form or call us directly at 091 739450 to speak to one of our experienced team members.
