How to improve online presence during turbulent times? The Trading Online Voucher scheme is designed to help small Irish businesses. Read below further details on the criteria and how to apply.
The government has updated its Trading Online Voucher scheme and expanded on an already excellent grant.
It is estimated that only 23% of Irish SMEs sell online and up to 70% of online purchases made by Irish consumers comes from outside Ireland. With this in mind, it has never been more important to invest in your online presence. Delivered through the country’s LEO offices, the Trading Online Voucher scheme is designed to help small businesses trade more online, boost sales and reach new markets. The grant is available to Irish businesses with a limited or no online presence but with the capability of trading and selling online (which is nearly every business). These are some of the highlights of the scheme:
- €2,500 available
- co-funding reduced from 50% to 10% (for €2,500 you only pay €250)
- previous recipients are now eligible for a second voucher
- funding can be used for a number of marketing activities including e-commerce website, online advertising etc.
The grant provides eligible businesses an easy (and affordable) way to improve their online presence through a straightforward process:
- Attend the information session (find your nearest LEO here)
- Submit application (use button below to download soft copy)
- Voucher received – project starts and needs to be completed within 9 months
- Project completed and grant can be drawn down
Is my business eligible for this grant?
Short answer – probably. The purpose of the Trading Online Voucher is to get as many businesses as possible online and trading. And as of April 2020 you can apply for a second grant if you have already availed of it. If for some reason your business is not eligible, speak to us about our special Covid-19 offers, such as deferred payments and flexible payment plans. Below are the requirements you need to meet if you want to avail of the grant:
- Do you have a website with no / limited e-commerce capability (or no website at all)?
- Do you employ 10 or less full-time employees (any employee on 40hr/wk or more is considered full-time)?
- Is your annual turnover less than €2m?
- Have you been trading for the last 6 months?
- Is your business located in the same area as the LEO to whom you’re submitting the application?
If you can answer yes to all of these questions congratulations – you’re eligible!