The transition to a low carbon economy and achievement of a 51% reduction in emissions by 2030 across all sectors of the economy represents a whole-of-society challenge. Enterprise, along with all other sectors, must fundamentally change to adapt to this challenge and to realise the many opportunities that this transformation represents. As part of Ireland’s National Recovery and Resilience Plan funded by the European Union, the Green Transition Fund is supporting the decarbonisation of Irish enterprise.
The Green Transition Fund supports companies across each of the different aspects of their decarbonisation journey – from initial planning and capability building to investment, research and innovation. It is designed to support companies, whether starting out or already on the journey, to take action now and get ready for the low carbon, more resource efficient economy of the future.
The fund is comprised of two separate streams:
- The Climate Planning Fund for Business
- The Enterprise Emissions Reduction Investment Fund
Climate Planning Fund for Business
Start Your Plan
Climate Action Voucher
€1,800 funding for advisory support to develop an initial sustainability or decarbonisation action plan.
Begin Your Transition
Up to €5,000 to fund consultancy to introduce environmental best practice systems to achieve cost and resource reduction.
Enterprise Emissions Reduction Investment Fund
Capital Investment for Decarbonisation Processes
Up to €1m to support companies to decarbonise their manufacturing combustion processes.
Innovation and R&D Grants
From €5,000 Innovation Vouchers to large scale R&D projects – to support the planning and development of new products, services or processes in the areas of sustainability
Win new business
Strong environmental credentials will better position your company to win public and private tenders. Make sure your company can show evidence of a plan to minimise carbon footprint and environmental impact.
Customers and investors are increasingly focused on credible sustainability reporting. Learn how to measure and enhance your company’s environmental performance to give you the best chance of success in today’s market.
Thinking about sustainability creates innovation opportunities. Address changing customer preferences and explore opportunities for higher value-added products, services and business models to drive your growth.
Drive cost savings
Resources like energy, water and materials continue to become more expensive – and carbon taxes are now impacting the bottom line for international companies. Stay competitive by learning proactive techniques to offset rising costs.
Enterprise Ireland’s HPSU Community
Scaling Beyond, the journey to successful and sustainable growth. A PwC and Enterprise Ireland event
Want to learn more about qualifying and applying for HPSU funding? We’ve put together a list of answers to the questions we get asked the most.
Meet The Team
“Being a HPSU client gives you access to Enterprise Ireland’s best business network who can support you on a global scale through their international offices. You are assigned a mentor and a dedicated Development Advisor which is invaluable to a start-up. One of the key challenges facing any start-up is staffing and Enterprise Ireland provided solid advice and support through the process.”
— Irene Villafañe, COO and Co-Founder of Calt Dynamics
“The High Potential Start-up Founders Forum has been a great source of comfort. While other founders may work in different industries, the challenges are the same and a different perspective can be key to unlocking a solution. The benefits reaped from the Founders Forum will depend entirely on what each group put into it. We have had a very strong group and are still in regular contact two years later.”
— Brian Shields, CEO, Neurent Medical
“The latest announcement of the creation of 100 new jobs at Odyssey VC headquarters is a very positive indication of the significant growth we have achieved. I would like to thank everyone who has supported us over the years on our start-up journey, including Kildare Local Enterprise Office and Enterprise Ireland who have supported us every step of the way.”
— Oisín Curran, CEO and Co-Founder, Odyssey VC