07/09/2010

- Innovation Vouchers available from Enterprise Ireland - Deadline 31st October 2010

If you own or manage a small limited company with a company registration number and you have a business opportunity or problem that you want to explore, why not apply for an Innovation Voucher worth €5,000


The objective of the Innovation Voucher initiative is to build links between Ireland’s public knowledge providers and small businesses and create a cultural shift in the small business community’s approach to innovation.

Enterprise Ireland is delighted to announce that the Innovation Voucher Initiative is now running in Northern Ireland also. By linking up with Invest Northern Ireland, Enterprise Ireland can now offer voucher holders access to an additional 10 Knowledge Providers in Northern Ireland.

Three ways to apply for the innovation vouchers

1. Standard Applications: open for applications from 1st to 31st October 2010.

Use this application when you wish to apply for a voucher to work with one of the registered knowledge providers. You do not need to identify the knowledge provider(s) in advance and the voucher will be valid for 12 months from the date of issue.

2.  Pooled Applications: open for applications from 1st to 31st October 2010.

This application form is for a group of up to 10 companies that wish to work with the registered knowledge providers to solve a common problem. You do not need to identify the knowledge provider(s) in advance and the vouchers will be valid for 12 months from the date of issue.

3. New 50-50 co-funded Fast Track applications: May be submitted anytime.

Please use this application when you wish to apply for a voucher to work with a specific knowledge provider. There must be a pre-existing agreement with the knowledge provider to undertake the voucher project. How does it work? The company and the knowledge provider jointly agree on the work programme for the project.  The knowledge provider is required to confirm the project deliverables in section two of the application form


Click here to view and download forms

 

Innovation Vouchers can be used for any kind of innovation such as:

• new product / process development;
• new business model development;
• new service delivery and customer interface;
• new service development;
• tailored training in innovation management;
• innovation / technology audit

Knowledge of:

• efficiency audits, process change,
• supply chain management and logistics;

Product and service testing and economic impact assessment

For the purposes of this initiative, a knowledge transfer project is defined as one that transfers knowledge of a scientific, technological or innovative nature that it is new to the small enterprise. The small enterprise may then use the new knowledge to innovate a product, process or service.

Ineligible activities:

The Innovation Voucher may not be used to cover the costs of:

• achieving compliance with statutory regulations or legislation
• standard training courses
• software purchases and software development
• aid that would promote/subsidise the cost of exports
• internships for students of knowledge institutions
• design and production of advertising material
• sales activities
• business plans and economic appraisals
• standard website development and online optimisation
• activities such as market research and market surveys that may be readily provided by the private sector
• activities supported by the mainstream funding mechanisms available from other Development Agencies such as the County Enterprise Board’s.


If potential solutions to the knowledge question already exist in the marketplace then Enterprise Ireland is likely to reject the application on the basis that the proposed activity may be undertaken by the private sector.

 

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