A new fund available through Enterprise Ireland to provide strategic intervention for any eligible company wishing to develop a digital adaption plan
Digitalisation Voucher
The new Digitalisation Voucher is a 100% funded grant which provides support to companies as they seek to access the expertise needed to develop a digital roadmap for their business. This expertise can take the form of independent technical or advisory services that relate to the current and future operations of the business, with respect to assessing their digital readiness and identifying opportunities for increased digitalisation across the business.
Description of funding
- the voucher covers the provision of technical or advisory services related to the operations of the business, from an approved service provider up to a value of €9,000
- a maximum daily rate of €900 shall apply
- the support will be provided over a relatively short period but it may be spread out over a maximum of 8 weeks
Eligible Projects must include one or more of the following activities:
- internal process optimisation (Lean-Digital-Automation)
- customer digital experience (Product, Service, Route to Market, Channels)
- data-driven decision making
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Eligible companies
Manufacturing or internationally traded services companies which:
- employed 10 or more full time employees on their payroll on 29 February 2020; or
- employed 10 full time employees at the time of application
- as part of the application you will need to complete a digital assessment scorecard from Enterprise Ireland globalambition.ie/scorecard which will provide an overview of your current digital readiness
In order to be eligible for funding, companies must:
- have experienced, or are projected to experience, a 15% or more reduction in actual or projected turnover or profit as a result of the COVID-19 outbreak; the reduction in turnover or profit of 15% or more relates to a comparable quarter in 2019 or 2020
- or have had a significant increase in operational costs as a result of COVID-19
- not have been Undertakings in Difficulty at 31 December 2019 and/or at the date of application, as provided for in State aid law. An exception to this is micro and small undertakings (that is, undertakings with fewer than 50 employees and less than €10m of annual turnover and/or balance sheet value) provided that at the moment of providing the support, they are not subject to collective insolvency procedure under national law
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Announcing the new fund, the Tánaiste said:
“Now, as we cautiously emerge from these necessary public health restrictions and global markets begin to open up again, the government will continue to help businesses in their next phase of recovery and adaptation.”
Enterprise Ireland CEO Leo Clancy said:
“The new €51 million fund is intended to ensure that Irish businesses continue to be supported in recovery from the impact of COVID-19. To date, Enterprise Ireland has approved more than €181 million in COVID-19 financial supports under the Sustaining Enterprise Fund protecting more than 27,500 jobs.
“As economies reopen, ongoing investment in business-critical areas is vital to the long-term growth of companies.”
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