The Food Industry Development Scheme 1997

Paragraph 8

SCHEDULE 2 ITEMS ELIGIBLE FOR PAYMENTS OF GRANT UNDER THE SCHEME

1.  The salaries of key staff, including the salaries of the applicants and where the applicant is a partnership, their partners.

2.  National Insurance costs of employers, pension costs and contributions to health care.

3.  Depreciation on new items of capital equipment purchased solely for the purposes of carrying out the objectives set in the application, such depreciation to be eligible from (and including) the date of approval of the application or purchase of the equipment (whichever is the later) to (and including) the date on which the objectives of the application are completed or the grant-aided period of the project covered by the application ends (whichever is the sooner).

4.  The following costs, where it can be shown that they are necessary to carry out the objectives of the grant application—

(a) overheads;

(b) consumable materials;

(c) consultancy fees;

(d) project management costs, up to a maximum of 10% of all eligible costs;

(e) travel and associated accommodation, but not including the provision and use of company cars;

(f) the hiring and leasing of equipment;

(g) training.

5.  In the case of small and medium sized enterprises only, the costs of an application for and registration of a patent which has arisen directly from carrying out the objectives contained in the application for grant.

6.  Value added tax incurred on costs referred to in paragraphs 4 and 5 of this Schedule and which cannot be reclaimed from the Commissioners of Customs and Excise.