Applying for a TOV in 2024

business owner applying for a TOV grant in Ireland

Enhance Your Business Online: Up to €2,500 Grant Available for New Website Development or Upgrades

Considering applying for a TOV (Trading Online Voucher)2024  ? The TOV will be stopping soon, so get your skates on!

Update: Last Chance to Avail of the €2,500 Trading Online Voucher 

Although it has been officially announced that the Trading Online Voucher scheme will close applications on October 31st, 2024, it seems that Local Enterprise Offices (LEOs) have said applications may be accepted until the end of the year. Although, the program will not continue into 2025.

This is your final opportunity to receive up to €2,500 in funding to enhance your business’s online presence. Don’t miss out—apply now to secure this valuable support before it’s too late!

What is the Trading Online Voucher (TOV) Scheme?

The Trading Online Voucher Scheme is specifically designed to help small businesses, with up to 10 employees, expand their online presence, increase sales, and reach new markets. Whether you’re looking to develop a brand-new website or upgrade an existing one, this scheme can significantly ease the process of establishing or enhancing your online trading capabilities.

The scheme provides financial assistance of up to €2,500, with a requirement for the business to co-fund 50%. This means you can cut the cost of developing or upgrading your website by half, making this crucial investment much more affordable. Along with the financial aid, you also receive valuable training and advice tailored to help your business thrive online.

Making well-informed decisions is essential for any business, and the free support and training provided by your Local Enterprise Office (LEO) ensures you’re equipped to choose the best online solutions for your needs. The training sessions cover a wide range of topics, including website development, digital marketing, social media strategies, and search engine optimization. This impartial guidance will empower you to decide on the best online trading options for your business.

If you have already benefited from a Trading Online Voucher, you are eligible to apply for a second voucher if your website requires upgrades. The funding can be utilized for various improvements, such as adding payment facilities, integrating booking systems, or developing new customer-facing apps. It can also be applied towards subscriptions to cost-effective online retail platforms, enabling you to quickly establish or enhance your online retail presence.

What is the eligibility criteria?

The vouchers are specifically aimed at businesses with the following profile:

  • The TOV grant is available to businesses based in Ireland only
  • Business with a limited, or no, e-commerce presence;
  • 10 or fewer employees;
  • Turnover less than €2 million;
  • Trading for at least 6 months;
  • Located within the jurisdiction of the Local Enterprise Office to which the application is made.

Previous voucher recipients can apply for a second voucher, provided they have submitted their final claim for the first one. This ensures that businesses continue to grow and evolve their online presence effectively.

Applicant businesses must provide clear proof of trading for a minimum of 6 months to their Local Enterprise Office.

How to Apply

To apply for a Trading Online Voucher (TOV) in Ireland, you must follow these steps:

  • Attend a seminar: Attend a half-day information seminar to learn how to use the voucher and get the most value from it.
  • Get quotations: Get three quotations from different suppliers for the work you need done.
  • Complete the application form: Complete the application form and submit it through submit.com.
  • Wait for a decision: A committee within your Local Enterprise Office (LEO) will evaluate your application and you should receive a decision within 1–4 weeks

List of Local Enterprise Offices Ireland where you can apply

How We Can Help

We have extensive experience in building, developing and upgrading websites. Having supported numerous clients with their TOV applications and assisting them to develop their e-commerce  websites, we can help guide you through the process and provide you with the support you need.

Contact us today for a chat, we would be delighted to talk.

Take advantage of this opportunity to develop or upgrade your website, ensuring your business is equipped to succeed in the digital marketplace.