Funding schemes to help you dive into digital
Thinking of diving into digital but you don’t have the dosh to get started?
There are a few grant schemes which all SME’s should check out:
- Trading Online Vouchers: this trading online scheme is designed to provide individual qualifying businesses with a voucher of up to €2,500 to be used along with the company’s own matching funding for the implementation of a trading online component to their business, i.e. the adoption of digital services or skills. Vouchers are awarded by your local LEO based on a competitive process. Go to http://www.localenterprise.ie/
- Innovation Vouchers: All small companies can apply for a €5,000 grant to pay a registered knowledge provider to solve a technical or business challenge. Go to: http://www.enterprise-ireland.com/en/Research-Innovation/Companies/Collaborate-with-companies-research-institutes/Innovation-Voucher.shortcut.html
- OPTIMISE Fund: This initiative is designed to help drive Irish businesses’ efforts online providing mentoring and money to plan, develop and implement significant e-commerce capabilities to their current websites. It is a competition based initiative, so to apply go to: https://www.iedr.ie/why-choose-ie/optimise/
The above mentioned schemes are really worth checking out as a recent study on over 600 SME’s across the Republic of Ireland by Amarach Research on behalf of cloud telecoms provider Magnet [Inaugural Magnet Regional Business Barometer-(MRBB)] provides interesting reading.
The research shows that only 11% of SME’s are aware of government technology and business grants, while only 3% have successfully accessed the Enterprise Ireland voucher and only 1% have accessed the online trading voucher. Read the full report here: http://www.amarach.com/blog/2015/01/regional-dynamics.html
Check out our Video Insights for last year’s IEDR’s 2014 Winners here. If you found this helpful, please let us know.
Author: Aideen Sutton