Innovation Vouchers
Assistance and Support Up To €5000
Are you a small and medium-sized limited company registered in Ireland? Are you currently looking for assistance with research and innovation solutions? Or perhaps your product, service or process requires some expertise which is currently outside of your existing R&D capacity?.
The Innovation Voucher scheme run by Enterprise Ireland could provide you with a pathway to solving innovation problems. Innovation Vouchers worth €5,000 are available to assist a company to explore a business opportunity, problem or solution with a registered knowledge provider.
SMEs throughout Ireland now have the opportunity to apply for up to a maximum of four Innovation Vouchers, one of which must be a 50-50 co-funded voucher. Applications are open on a continuous call throughout the year via the Enterprise Ireland Online Application System.
There are two types of voucher available. A fully funded €5,000 standard voucher and the 50-50 co-funded Fast Track voucher (to a maximum value of €10,000). You can get more information on each voucher here. A company may only have one ‘active’ voucher at any point in time.
The Innovation Vouchers scheme is open to all small and medium-sized limited companies registered with the CRO in Ireland. You do not have to be a client of Enterprise Ireland to apply. Vouchers are valid for 12 months from the date of issue.
Please note: Innovation Vouchers are subject to VAT. You will be invoiced for the VAT by the knowledge provider and this cost must be settled separately by the company.
Voucher Benefits
Frequently Asked Questions
IP developed as a result of an Innovation Voucher project belongs to the company unless the company and the knowledge provider have otherwise agreed.
Yes. Innovation Vouchers are subject to VAT. You will be invoiced for the VAT by the knowledge provider and this cost must be settled separately by the company.
Vouchers are valid for 12 months from the date of issue.
A company can apply for a maximum of four Innovation Vouchers, one of which must be a co-funded Fast Track voucher. But it’s important to remember that a company may only have one ‘active’ voucher at any point in time.
There are two types of voucher available. A fully funded €5,000 standard voucher and the 50-50 co-funded Fast Track voucher (to a maximum value of €10,000). You can get more information on each voucher here.
The Innovation Vouchers scheme is open to all small and medium-sized limited companies registered with the CRO in Ireland. You do not have to be a client of Enterprise Ireland to apply.
Knowledge Providers are publicly funded research organisations such as Universities, Institutes of Technology, (which includes our 16 Technology Gateways), as well as other state research organisations. You can see the full list of participating knowledge providers on the Enterprise Ireland website.
The Innovation Voucher scheme is run by Enterprise Ireland and was developed to build links between Ireland’s public knowledge providers (i.e. higher education institutes, public research bodies) and small businesses. Innovation Vouchers worth €5,000 are available to assist a company to explore a business opportunity or problem with a registered knowledge provider.