The Innovation Voucher programme was developed to build links between Ireland’s public knowledge providers such as Walton Institute and small businesses. Innovation Vouchers worth up to €40,000* combined are available to assist a company or companies to explore a business opportunity or problem with a registered knowledge provider such as the Walton Institute.
From 1st July 2024*:
- A Standard Innovation Voucher will now provide up to €10,000 to the qualifying company for use with an eligible Knowledge Provider.
- A Co-funded Voucher will now provide up to €10,000 when matched with the same amount from a qualifying company for use with an eligible Knowledge Provider.
- Each company will be eligible to 3 Standard and 1 Co-funded Voucher over a rolling 5-year period.
- The validity period of a Voucher will be extended to 18 months.
Please note that all companies are still liable for the payment of VAT at 23% and any Vouchers issued before the 1st of July 2024 will remain valued at €5,000.
For more information: https://technologygateway.ie/articles/enterprise-ireland-announce-changes-to-the-innovation-voucher-programme/