What Is a Feasibility Study?

🌿 What Is a Feasibility Study? A Smart First Step for Rural ProjectsIf you’ve ever had a big idea for your community, farm, or rural business, you’ve probably asked yourself: “But will it work?” That’s exactly the question a feasibility study helps to answer.At Dublin Rural LEADER, we believe that smart planning is key to successful rural development. That’s why we’re offering up to 90% grant aid (to a maximum of €30,000) to support feasibility studies under our Targeted Call 2025.In this post, we’ll break down what a feasibility study is, why it matters, and how it can help bring your vision to life.🔍 What Is a Feasibility Study?A feasibility study is a structured way to test whether an idea or project is viable, sustainable, and worth pursuing. Whether you’re thinking about launching a new service, starting a business, or addressing a need in your community, a feasibility study helps you make informed decisions before making a big investment.Here’s what it typically includes:

• Market Research: Is there real demand for your idea?
• Financial Planning: What will it cost to deliver—and will it be sustainable?
• Technical Requirements: What infrastructure, equipment, or skills will you need?
• Community Impact: How will your idea benefit the local area?

It’s a practical, low-risk way to explore your idea before jumping in with both feet.💡 Why Do a Feasibility Study?A feasibility study is more than just paperwork—it's a planning tool that saves you time, money, and stress down the line. It can help you:✅ Validate your idea✅ Identify challenges early✅ Estimate costs and funding needs✅ Plan for long-term sustainability✅ Increase your chances of getting further support or investmentPlus, when you apply for additional funding in the future, having a feasibility study can strengthen your case and show you’ve done the groundwork.🟢 Funding Available from Dublin Rural LEADERUnder our 2025 Targeted Call, we’re offering funding for feasibility studies under four key themes:

1. 🌿 Green Economy – e.g. renewable energy, circular economy, eco-tourism
2. 🚜 Agricultural Diversification – e.g. agri-tourism, on-farm enterprises
3. 🏗️ Rural Infrastructure – e.g. shared workspaces, local transport
4. 🏘️ Social, Community & Cooperative Enterprises – e.g. service gap mapping, food co-ops

Whether you're an individual, farmer, small business, or community group, we want to help you explore what’s possible.📅 Key Info

• Funding Available: Up to 90% (max €30,000)
• Deadline to Apply: Monday, 25th August 2025
• Who Can Apply: Individuals, SMEs, social enterprises, farm businesses, and voluntary/community groups located in the Dublin Rural LEADER area

📥 Ready to Get Started?Download the guidelines and Expression of Interest form from our website and take the first step toward making your idea a reality.EOI_Form_2327📧 Questions? Contact our team at rdinfo@fingalleaderpartnership.ie📞 Or call us on 01 807 4282🚀 Final ThoughtA feasibility study is a powerful tool for turning good ideas into great projects. With the right support and expert advice, you can explore new directions for your community, business, or farm—with confidence.Let’s build the future of rural Dublin — together.