Logicode Web Design Cavan
Trading Online Voucher Scheme
Who can apply for the trading online voucher scheme?
The Trading Online Voucher Scheme is funded by the Enterprise, Trade and Employment (DETE) and is aimed towards sole traders and micro-businesses with little or no online trading capabilities that operate in markets where the market has not yet driven them to create this competence.
A grant of up to €2,500 (subject to match funds) is available to micro-enterprises (10 employees or fewer) to assist them expand their ecommerce capabilities and realise the benefits of online business by implementing online payments.
The Trading Online Voucher Scheme application procedure is highly competitive.
Applicants for third-party customers are not allowed to submit applications.
Application materials submitted by email or in physical copy will not be considered.
You can apply easily by contacting your Local Enterprise Office and filling out the application form provided. You are also required to complete the Information Seminar which you can book online.
Logicode Web Design Ireland have helped over 50 businesses around Ireland successfully apply for an online trading voucher so why not get in touch with us today and we can explain every step of the process.
Terms & Conditions
- Vouchers are available to a maximum value of €2,500 or 50% of qualifying spending (minus VAT), whichever is the lesser.
- Prospective candidates must attend an information session as a condition of participating in this programme. In order to receive a second voucher, applicants must attend a briefing. There must have been an information session within the previous nine months for all candidates
- Before making a purchase, a voucher must be approved. Pre-approved receipts are excluded for reimbursement purposes.
- The use of one’s own time is not a deductible cost.
- Only expenditures incurred by third parties will be taken into account.
- Invoices from third parties and suppliers must provide complete and accurate information about the firm (e.g Tax and Business Registration details)
- The Trading Online Voucher Scheme does not apply to certain types of businesses, as determined by their NACE Code. NACE Codes are used to identify which industries are exempt from the Trading Online Voucher Scheme. CRO Registration may be used to find out a company’s NACE Code.
*These terms are subject to alteration without prior notice.
The vouchers are targeted at businesses that match the following profile:
- Limited or no trading online presence
- 10 or less employees
- Turnover of less than €2m a year
- Applicant business must have been trading for at least the 6 months*
- The Business must be located in the correct area at the time of making their application i.e. Local Enterprise Office cannot accept applications from businesses located outside of their jurisdiction.
*applicant businesses must provide clear proof trading for minimum of 6 months to their Local Enterprise Office prior to applying.
Projects Not Acceptable
Ineligible projects include the following:
- Commercial semi-state firms, trade groups, and corporate representative organisations like Chambers of Commerce are not eligible to participate in the “Not for Profit” and social entrepreneurship candidates unless they are engaged in the commercial arena.
- Specialised IT services providers have the ability to trade online via their own in-house platforms.
- Seminars and Conferences
- Proposals that defy government policy
- Overspending on initiatives that may have received aid from other EU-funded state agencies
- Projects with a team size more than ten individuals
- Scheme aid is not required for projects that can proceed on their own, i.e. “deadweight.”
- NACE Codes that disqualify a firm from the Trading Online Voucher Scheme. According to the NACE regulations, several industries are exempt from the Trading Online Voucher Scheme. CRO Registration can verify a company’s NACE code.
Please take notice of the following:
Applicants for third-party customers are not allowed to submit applications. Application materials submitted by email or in physical copy will not be considered.
Spending Permitted by Grants
If a company satisfies the aforementioned conditions and qualifying requirements, the following grant expenditures are acceptable:
- Consultancy in Information Technology
- e-commerce website development or upgrading
- Setting up online payments or booking systems over the internet
- software connected to the internet
- putting together an app (or multiplatform webpages)
- Digital marketing strategy creation
- Making use of digital marketing or online trading related activity
- For the purpose of establishing and managing an online trading operation.
- To buy ad space on a website (this purchase cannot make up any more than 30 percent of approved voucher costs and can only be drawn down in one payment phase). 30% of web development expenditures are accounted for
- It’s expensive to use a professional photographer (this purchase cannot make up any more than 80 percent of other approved voucher costs) in other words, eighty percent of the price of building a website
Only 80% of the other authorised voucher expenses can be covered by internet advertising and professional photography, even if you are accepted for both (30 percent online advertising & 50 percent Professional Photography)
Ineligible Grant Expenditure
- Development of brochure websites*
- Purchase of non-internet related software
- Anything other than online trading related activity
*This is a digital replica of a brochure that you’d see in a magazine or newspaper. Your company’s products and services can be seen in these images. There are no online sales or interactive booking features as on an e-commerce website, but they do provide information on the product/service. Customers will need to contact the firm to make an order on a brochure website, as the goods and services are simply shown.
What is Trading Online Voucher Scheme?
The Trading Online Voucher Scheme was designed to make it easier for small businesses with up to 10 employees to get online with a grant up to a maximum value of €2,500. The Government wants these companies not only trading online, but also reaching new markets and boosting sales in an effort that will grow your business and it’s digital marketing strategy!
We all know that starting a small business can be quite costly. There is one way, however to make it affordable – take out loans from the bank or other financial institutions and get funding for your company in return! Now you’ll only need about 50% of what was originally requested since half goes towards training and advice on how best trade online as an entrepreneur with this new medium at our disposal.
You can be confident that the free help and training provided by your local enterprise office in delivering this scheme puts you at an advantage when making decisions about what is best for business. The sessions cover various topics, including developing a website; digital marketing social media-for instance Facebook advertising or Twitter strategies to promote yourself on these channels as well as search engine optimisation (SEO). All information presented here has been peer reviewed so it’s impartial – helping guide you towards options which will work great for your particular needs!
Starting today, businesses can apply for a second Trading Online Voucher. This funding opportunity is perfect if you’re looking to add payment facilities or booking systems on your website and develop new apps that will help customers find what they need quickly! The voucher could also be used towards subscriptions in order establish an online retail presence without spending too much money upfront.
Implementing online payments
There are a number of ways to implement online payments on your website. One option is to use a payment gateway, such as PayPal or Stripe. These services provide a secure way for customers to pay for goods and services online. Another option is to use a shopping cart or e-commerce platform, such as WooCommerce, BigCommerce or Shopify to name but a few. To make things more affordable for you business to get online with an eCommerce website your Local Enterprise Office is offering a trading online voucher grant up to the value of €2,500.
This grant can be used for a multitude of things such as online advertising, a brand new or upgraded eCommerce website, the purchase of online advertising (up to 30% of the approved voucher costs) plus much more.