IMPORTANT UPDATE - Trading Online Voucher Scheme

TRADING ONLINE VOUCHER UPDATE - PHASE TWO NOW OPEN - LIMITED AVAILABILITY

Local Enterprise Offices (LEOs) Trading Online Voucher

The Local Enterprise Offices (LEOs) Trading Online Voucher is a scheme, designed to assist small and microenterprises (10 or less employees) by offering financial assistance of up to €2,500 towards training and advice to help businesses trade online.  The Trading Online Voucher scheme is administered by the LEOs on behalf of the Department of Communications, Climate Action and Environment as part of the national digital strategy. The support is available to cover 90% of the costs of an online initiative and recipients can claim up to €5,000 in two vouchers worth €2,500 each. Participating in this scheme can make the process of trading online much easier for businesses. See: localenterprise.ie/Discover-Business-Supports

Trading Online Vouchers can be used for:

  • development or upgrade of an e-commerce website, such as implementing online payments or booking systems
  • purchase of internet related software - online advertising (subject to limits)
  • development of an app
  • development and/or implementation of a digital marketing strategy
  • consultation with ICT experts
  • training and support to develop and manage your online trading activity and subscriptions to low cost online retail platform solutions,

Changes to the scheme:

On 8 April Minister Humphreys in conjunction with Minister Bruton announced amendments to the scheme intended to boost the numbers of businesses seeking to engage in online trading.  The support is available to cover 90% (previously 50%) of the costs of an online initiative and recipients can claim up to €5,000 in two vouchers worth €2,500 each.  

The vouchers are targeted at businesses with the following profile:

  • Limited or no e-commerce presence;
  • 10 or less employees;
  • Turnover less than €2m;
  • Applicant business must be trading for at least 6 Months;
  • Business must be located in the area covered by the LEO to whom they make their application i.e. LEOs cannot accept applications from businesses located outside their jurisdiction.
  • Drawdown (payment) of Voucher (completion & payment of website project & submission of drawdown documentation to LEO Roscommon) is now 4 months.   

They are eligible provided that they meet the criteria:

  • Limited or no e-commerce presence;
  • 10 or less employees;
  • Turnover less than €2m;
  • Applicant business must be trading for at least 6 months;
  • Business must be located in the area covered by the LEO to whom they make their application i.e. LEOs cannot accept applications from businesses located outside their jurisdiction.

How Does the Online Trading Voucher Scheme Work?

Under the Scheme, small businesses apply for funding. The application process is competitive, with a limited number of vouchers available.

Successful applicants then engage suppliers and upon completion of the work, submit a request for payment to LEO Roscommon (terms and conditions will apply)

Information seminars, available online or by conference call, support applicants and applicants MUST one of these seminars. Information seminars help businesses on how best to use their Voucher for maximum impact.

How Can My Business Apply for an Online Trading Voucher?

Contact Jeremy Cullen at LEO Roscommon: Tel: 09066 26263 or Email: jeremy.cullen@leo.roscommoncoco.ie

 

 

 

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