Many of our web design clients are unaware of the business supports available via their Local Enterprise Office.
Your Local Enterprise Office range of financial supports cover areas such as Trading Online Vouchers, Microfinance Ireland COVID 19 Business Loan, Brexit, Agile Innovation Fund, Priming Grants, Business Expansion Grants, Feasibility/Innovation Grants and Micro Exporters’ Grant. This is in addition to the valuable business advice available.
The first item on the list above, the Trading Online Voucher, is often of great benefit to small businesses who have a limited or no online trading presence. The past 12 months have really brought home to many retail businesses in particular that they can’t always rely on footfall through their door and that they need to ensure they are able to generate online revenue also.
The Trading Online Voucher Scheme offers financial assistance of 50% of the project cost up to a maximum of €2,500. The project costs could be web site design/development, website redevelopment if you already have a presence, online marketing costs, training etc – whatever may be required to get your eCommerce platform or marketing strategy up and running and on your way to selling and advertising online.
If you have previously applied and received a Trading Online Voucher, then you may still be eligible to apply for a second financial support for new payment systems, booking systems, developing an app, or similar to advance your online sales efforts.
To be eligible to apply, you must first attend the online workshop ‘Trading Online Grant Information Session’ details of which can be found on your own region’s LEO website.
There are certain criteria your business must meet to be eligible for the Trading Online Voucer (TOV) scheme and these are as follows:
- Vouchers will be available to a maximum value of €2,500 or 50% of eligible expenditure (inclusive of VAT), whichever is the lesser.
- Voucher approval must be gained prior to incurring any expense.
- Please note that advertising cannot comprise more than 30% of the approval and photography/videography no more than 80%
- Own labour is not an eligible expense. Note that own labour includes work from spouses or children.
- Third party costs only will be considered.
- All third party/supplier invoices must contain proper business details (eg, tax and business registration details).
The vouchers are targeted at businesses with the following profile:
- Limited online trading presence.
- Less than 10 employees.
- Turnover less than €2 million.
- Applicant business must be registered and trading for at least 6 months.
As a written proposal covering planned deliverables and costs form part of your TOV application, please feel free to contact webmakers today to discuss your project and we would be happy to discuss.