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Trading Online Voucher Scheme

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Suirside Solutions|TOV Scheme

What is it?

Trading Online Voucher

Suirside Solutions is here to assist you in navigating the Trading Online Voucher program, which is a valuable grant supporting Irish businesses with up to 10 employees in establishing an online presence. Originally expanded during the challenging times of the COVID-19 pandemic, the scheme has now returned to a 50-50 match funding structure, with government backing of up to €2500, effectively matching 50% of your eligible costs.

Here are key points to consider when leveraging the Trading Online Voucher with Suirside Solutions:

  1. Work with any global web designer or supplier, not limited to your county or Ireland.
  2. Provide three quotes from each supplier (web designers, graphic designers, photographers) in your application.
  3. Complete your project within six months from the voucher confirmation by your Local Enterprise Office (LEO).
  4. Settle payments with suppliers before claiming the voucher, submitting necessary documentation to the LEO.
  5. As of January 1st, 2021, the voucher value remains at a maximum of €2500 or 50% of your costs, whichever is lower.
  6. Apply for a second voucher for upgrades like adding payment facilities or new apps.
  7. Payment facilities are relevant for services or digital products, not limited to physical products.
  8. Cover costs of online trading apps (e.g., Xero) with the voucher.
  9. Include expenses for visual identity, custom photography, digital marketing, video production, and digital advertising (up to 30% of voucher value).
  10. Apply even if you’re upgrading or switching platforms, and seek funding for graphics, photography, and video simultaneously.
  11. Attend a Trading Online Voucher seminar by any LEO before applying (now in-person).
  12. Eligibility requires being in business for at least 6 months.
  13. Gain valuable insights from the seminar.
  14. Choose your preferred suppliers; the LEO does not dictate your selection.
  15. Thoroughly scope your project before applying to maximize value, and feel free to reach out to Suirside Solutions for guidance.
  16. Note that the voucher excludes any VAT charged by suppliers, which you will need to cover and reclaim if VAT registered.

Remember, Suirside Solutions is here to support you throughout the process, offering expertise and assistance in making the most of the Trading Online Voucher program. Feel free to contact us with any inquiries or if you’re considering applying for the voucher.

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E-Mail: info@suirsidesolutions.com
Phone: 083 8802228

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