Financial Support

Invest NI

Invest NI can provide financial support towards the costs associated with the development of an application into Horizon Europe. For further details of eligibility and levels of support please contact: Claire Griffin – EmailTel: 02890698356

Find out more https://www.investni.com/support-for-business/horizon-europe

InterTrade Ireland

InterTradeIreland’s Horizon Europe travel schemes support those working on a cross-border basis in Horizon Europe to travel both on the island and across the EU.

The Cross Border Collaboration Voucher

Offers up to £500 to early-stage partnerships travelling across Ireland to scope out potential project ideas.  InterTradeIreland can even help identify potential partners for you.

The EU Voucher

Offers up to £350 per cross-border partner travelling to Horizon Europe related events, consortium meetings or EU Commission brokerage events.

Find out more https://intertradeireland.com/innovation/horizon-europe/travel-vouchers

HMRC

HMRC Tax Incentives

As Horizon funding is not a notified State Aid, NI SME limited companies may also be eligible to claim R&D Tax Relief on their qualifying expenditure of:

  • 230% under the SME Scheme and/or
  • 13% under the Research and Development Expenditure Credit (RDEC) (previously 12% from 1 January 2018 to 31 March 2020).

The HMRC’s Patent Box also enables limited companies to apply a 10% rate of Corporation Tax to profits earned after 1 April 2013 from its qualifying patented inventions and certain other innovations.

For further details of eligibility and assistance please contact: David Stewart from HMRC’s NI Corporate Tax Office Tel: 03000 599000 Email: