Trading Online Vouchers

Trading Online Voucher - Application Form Here

COVID-19 and Trading Online Vouchers:

These rules apply to TOV's from April 7th to September 30th 2020.

    • The requirement for co-funding in respect of applications received after 7 April 2020 is reduced from 50% to 10%
    • The introduction of a second voucher of up to €2,500 for businesses that have already availed of a voucher under the Scheme but who find themselves needing to upgrade their existing e-commerce capability. The second voucher would also have a requirement for co-funding of 10%. 
    • The drawdown of payments in respect of new vouchers in two instalments rather than in one instalment as is presently the case.​
    • Subscriptions to low cost online retail platform solutions, are eligible expenditure under the scheme

Please note that it is a compulsory part of the TOV application process that you attend a Trading Online Voucher seminar.  Your application cannot be processed if you haven’t attended a seminar.   LEO Meath holds these regularly – please see here, or if you cannot attend one of these, you are free to attend a seminar with any other LEO. Info on these available at www.localenterprise.ie.

Also, you will need  to submit three quotations for the work to be done along with your application form.  This is to ensure you are getting value for money. 

With the trend ever increasing towards online spending, it is estimated that only 23% of small Irish businesses are engaged in any meaningful way in e-commerce sales.  For businesses employing less than ten people this percentage could be even lower.  It is now believed that of online purchases made in Ireland that 70% of these are done in overseas markets.

There is now an urgency to ensure that businesses recognise that this is happening and that they are encouraged and supported to correctly respond to this digital reality.

In order to support this goal, the National Digital Strategy aims to get a further 2,000 businesses trading online by the end of 2015.  To this end, the Department of Communications, Energy and Natural Resources (DCENR) has launched a Trading Online Voucher Programme and has teamed up with the Local Enterprise Offices to deliver this to Irish businesses. 

The application process for the vouchers will be a competitive process.

Eligibility Criteria

  • Vouchers will be available to a maximum value of €2,500 or 50% (90% during COVID-19 crisis) of eligible expenditure (inclusive of VAT), whichever is the lesser.
  • Voucher approval must be gained prior to incurring any expense.

  • Own labour is not an eligible expense.
  • 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.

Ineligible Projects

  • Companies with charitable status, commercial semi-state companies, not for profit organisations, trade associations and company representation bodies such as Chambers of Commerce are not eligible to participate in the scheme.
  • Professional services specialising in IT type services who are already capable of trading online using existing in-house systems;
  • Conference and seminars;
  • Projects which are contrary to public policy.
  • Duplication of support for projects which would be eligible for assistance from other State Agencies of EU funded Operational Programmes.
  • Projects with employees in excess of 10 people.
  • Projects deemed to be capable of proceeding in any event without scheme assistance, that is, deadweight.
  • Projects essentially comprising importation and distribution.

What the vouchers cannot be used for

  • Development of brochure websites.
  • Purchase of non-internet related software.
  • Anything other than online trading related activity.

Evaluation Process

 

  • Client must attend pre-voucher application information seminar (details can be found on the bookings section of our website, or clients can attend a seminar in another LEO if that suits them).
  • An evaluation committee will assess the applications and make recommendations for approval;
  • A competitive process will be put in place to assist with the selection process.  Selection of successful applications will be based on the following criteria:
    - eligibility for scheme;
    - value added potential;
    - export potential;
    - job creation potential;
    - financial sustainability;
  • Record decisions and report to the Local Enterprise Office approvals committee;

Voucher Administration

Full info on what we need to process your application is here

  • Letter of offer with voucher to be sent out to successful applicant;
  • Letter of offer signed, accepted and returned;
  • The voucher has a life of 9 months from the date of approval;


 

 

 

 

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