Trading online voucher

As of April 2020, the following changes are now in place:

  • For applications received after 7th April 2020, applicants are eligible to claim up to 90% of funding (up from 50%) up to a maximum of €2500

  • It is now possible for businesses to claim two Trading Online Vouchers (previously it was capped at one TOV per business)


What the TOV Can Be Used For

If you are approved, and invest in specific works for your website, the LEO will match the funds invested, up to €2,500, upon completion of the work, and after receipts are submitted. These works are listed below:

  • The development or upgrade of an e-commerce website such as adding systems for online payments or online bookings

  • Internet-related software

  • Online advertising

  • The development of an app

  • The adoption and implementation of a digital marketing strategy;

  • Consultation with ICT expert

  • Training and skills development specifically to manage your online shop

  • Photography for the website

The Trading Online Voucher Programme is supported by the Department of Communications, Energy & Natural Resources through the National Digital Strategy.

Qualifying Criteria for a TOV

You must:

  • Be trading for at least 6 months

  • Have 10 employees or fewer

  • Less than €2m turnover

  • Attend a TOV Training Seminar with your Local Enterprise Office (please click here to book a place on our next seminar)

  • Have a limited existing online trading presence

Important Notes

  • Vouchers will be available to a maximum value of €2,500 or 90% eligible expenditure (exclusive 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 (e.g. Tax and Business Registration details)

You’ll find more information here:

https://www.localenterprise.ie/SouthCork/Financial-Supports/Trading-Online-Voucher/

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About us:

The purpose of the Association is to promote business firms in the area be they large, medium or small. It is hoped in turn we will encourage even more businesses to invest in our area, providing more jobs.

 

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