By Alan Kluba
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October 19, 2024
Enterprise Ireland Cyber Review Grant – Your Complete Guide In today’s fast-paced digital world, cybersecurity is more important than ever. With the rise of cyber threats—especially those targeting smaller businesses—it’s crucial to protect your company’s data and reputation. To help businesses like yours, Enterprise Ireland (EI) has introduced the Cyber Review Grant. This grant not only helps you assess your current cybersecurity status but also provides a roadmap for improvement. But what does this mean for you? This blog breaks down the process and explains why now is the time to act. What is the Enterprise Ireland Cyber Review Grant? The Cyber Review Grant is a new initiative designed to help Irish companies evaluate their cybersecurity readiness and create a plan to improve it. The grant covers 80% of the fixed project cost (€3,000), making it an affordable and essential step in protecting your business from cyberattacks. Who is it For? This grant is available to Irish companies that are clients of Enterprise Ireland. If your business is engaged in exporting and leveraging digital tools, this grant can help secure your digital assets and ensure that your company meets the highest cybersecurity standards. With cyber threats growing in sophistication, this grant offers you a chance to strengthen your defences. Why Should You Apply? Cybersecurity isn’t just a technology issue—it’s a business imperative. Attacks can disrupt your operations, damage your reputation, and compromise customer trust. The Cyber Review Grant allows you to: Identify vulnerabilities in your current systems Improve your defences by following expert recommendations Boost your international credibility with a secure and compliant setup Future-proof your business against evolving cyber threats With advancements in AI making businesses more vulnerable to cyberattacks, now is the time to take action. The grant offers a structured, expert-led process that’s tailored to your company’s specific needs. What Do You Get? When you apply for the Cyber Review Grant, you gain access to certified cybersecurity experts, who will: Interview your key personnel to understand your current practices Review your technology and digital processes, both onsite and in the cloud Provide a detailed report identifying vulnerabilities and offering actionable steps to improve your cybersecurity measures This report, based on the National Cyber Security Centre (NCSC) framework, will cover essential areas such as software updates, data backups, access management, and more. Each recommendation will have a clear, measurable action plan with designated owners within your company, ensuring you can address these vulnerabilities over the next 6 to 12 months. How Much Does It Cover? The total cost of the cybersecurity review is €3,000, but with Enterprise Ireland funding 80%, your business will only pay €600. This small investment could save your company from costly cyberattacks and help you comply with industry regulations. The Application Process Applying for the Cyber Review Grant is quick and straightforward. Here’s how it works: Confirm Eligibility: Ensure your company is an Enterprise Ireland client and has an assigned Development Advisor. Find a Certified Consultant: Infinity IT is a certified consultant and can guide you through the entire process. Submit Your Application: Apply online, naming your chosen consultant (Infinity IT). Receive Your Offer: Once your application is approved, you will receive a letter of offer. Complete the Review: Work with your consultant to carry out the review and receive a comprehensive report. Claim the Grant: After paying your consultant, submit the required documents to claim back 80% of the project cost. Who is Eligible? The grant is open to Enterprise Ireland client companies. Only one grant is available per company, so it’s important to act quickly as the funding is limited and offered on a first-come, first-served basis. What’s Not Covered? Certain activities, such as routine software upgrades, physical security measures, or general management consultancy, are not eligible for the grant. The focus is on cybersecurity and protecting your company’s digital assets. Why Choose Infinity IT? At Infinity IT, we are experts in Information Technology, providing Managed IT Support Solutions and Services both in the Cloud and On-Premise to a diverse base of customers in Ireland and beyond. Our technical expertise with leading technologies ensures we deliver a superior level of customer service, helping you implement best practice IT strategies. We deploy and manage technologies that mitigate risks and improve productivity, allowing you to focus on running your business. Choosing Infinity IT as your consultant means you’re partnering with a trusted Enterprise Ireland-certified cybersecurity expert who understands the grant process inside and out. We will ensure the review is comprehensive and actionable, tailored to your company’s specific needs. Ready to Apply? If you’re ready to strengthen your cybersecurity defences and apply for the Cyber Review Grant, don’t wait—funds are limited, and demand is high. Contact Shane Casey at shane.casey@infinityit.ie today to start your application and secure your company’s future.