LEO Online Trading Voucher
Trading Online Voucher Scheme – up to €2,500 grant available
Grow your business with help from this Government grant scheme, designed to assist small businesses. It offers financial assistance of up to €2,500 along with training and advice to help your business trade online. Participating in this scheme can make the process of trading online much easier for you.
What is an Online Trading Voucher?
The Online Trading Voucher is a scheme which will pay up to 50% of your development costs up to a maximum value of €2500 setup and given by the LEO (Local Enterprise Office). You must match the other 50% and any costs over and above the total of €5000.
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.
To this end, the Department of Communications, Energy & Natural Resources (DCENR) has launched a Trading Online Voucher Programme and has teamed up with the Local Enterprise Offices to deliver this to Irish business.
Those wishing to avail of a voucher must attend an obligatory Information seminar. At each seminar attendees will be informed of the purpose of the scheme and how best to use and get value from the application of the voucher.
What the vouchers can be used for:
- IT consultation
- Development or upgrade of an e-commerce website
- Implementing Online payments or booking system
- Purchase of Internet related software
- Purchase of online advertising (this purchase cannot make up any more than 30% of approved Voucher costs and can only be drawn down in one payment phase)
- Developing an app (or multiplatform webpages)
- Implementing a digital marketing strategy i.e. Social media marketing
- Consultation with ICT experts for early-stage adopters of online strategy
- Training/skills development specifically to establish and manage an on-line trading activity
Read more information about the Trading Voucher and the terms and conditions on the LEO website.
If you are interested in applying for the Online Trading Voucher get in touch today and we can talk you through the process and help with the paperwork.