Are You Missing Out on the TOV Benefits?
Are you eligible for the TOV? ( Trading Online Voucher) A lot of small businesses don’t realise they can get up to €2,500 to improve their online status. Registered companies in Ireland can apply to their Local Enterprise Office for a TOV grant up to €2,500 if they spend €5,000 – that’s 50% of your money back . Read more below. At The Gorilla Digital ltd, we can help you get through the whole process from start to finish!
How to Apply for the Trading Online Voucher in Ireland
To apply for the Online Trading Voucher in Ireland, you should start by visiting your local Local Enterprise Office (LEO) website or contacting your nearest LEO directly – or you can reach out to us here and we will help you find the link to the application from your local grant office. You can then fill out the online application form, providing essential business details and a clear description of how they plan to use the grant to improve your business online presence.The applicant will need to attend an information seminar, which is hosted online. – We can guide you through the whole application process from start to finish.
Once submitted, the LEO will review the application and, if eligible and successful, provide the grant to help the business expand its online trading capabilities.
What to Do Once You Receive Your TOV Approval
Once you receive your approval letter work can commence on building your online presence. There are a range of things that can be improved such as Website, Website facelifts, e commerce, SEO (Search engine optimization), online advertising, social media platforms, booking platforms & more!
We will run through all the details and make a plan on what is best for your business moving forward. We give support throughout the whole process and aim to work alongside you.
Eligibility Criteria for the TOV Grant: Know if You Qualify
There are a few eligibility criteria that need to be met when applying for the TOV grant:
Your business needs to have 10 or less Employees.
Have a turnover of under €2m
Has been trading for 6 months or more.
Is located in a catchment area of a Local Enterprise Office.
For a full list of eligibility criteria see https://www.localenterprise.ie/Discover-Business-Supports/Trading-Online-Voucher-Scheme/.
The Transformative Impact of the Trade Online Voucher for Irish
The Trade Online Voucher, also known as the TOV Grant, can have a transformative impact on businesses in Ireland. It will fund 50% (or €2,500 whichever is less) of the eligible costs to your business for solutions that enable you to trade online in Ireland – We recommend spending €5000 so you can get the full maximum grant of €2500.
Comprehensive Uses of the TOV Grant: Expanding Your Online Trading Capabilities
The TOV Grant can be used for the following:
IT consultant
Development or upgrade of eCommerce capacity to trade online.
Implementing Online payments
Implementing of a booking systems
Purchase of Internet related software
Purchase of online advertising (this purchase cannot make up any more than 30% of approved Voucher costs and can only be drawn down in one payment phase)
Developing an app (or multi platform web pages with or without eCommerce)
Development of a digital marketing strategy
Photography costs
Implementing a digital marketing strategy enabling you to trade online
Training/skills development specifically to establish and manage an online trading activity
Maximizing Your Business Growth with a Second TOV Grant
Already used a TOV? You can avail of a Second Grant to improve your business and further develop your trading online. Be aware that there are a limited number of Grants approved, so make sure you get your application in as soon as possible. We also provide support throughout the application if needed.