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In today's digital landscape, small businesses in Ireland are presented with a transformative opportunity through the Trading Online Voucher (TOV) scheme, facilitated by the Local Enterprise Office. This initiative aims to empower small enterprises by facilitating the development or enhancement of their online trading capabilities. Under the TOV scheme, eligible businesses can receive vouchers of up to €2,500 or 50% of the eligible expenditure to bolster their online presence.
The TOV scheme offers a range of benefits to participating businesses. Firstly, it provides financial support, allowing businesses to access funds of up to €2,500 to offset the costs associated with establishing or improving their online presence. Additionally, LEO offers complimentary seminars designed to equip businesses with the knowledge and skills required to leverage the voucher effectively, ensuring they can navigate the online realm with confidence.
Furthermore, businesses can enhance their online presence through the creation of sophisticated e-commerce platforms or simple brochure sites, tailored to their unique needs and objectives. Ultimately, an effective online presence can open doors to new markets, both domestically and internationally, driving increased sales and profitability.
To be eligible for the TOV scheme, businesses must meet certain criteria. They must have up to 10 employees, record a turnover of less than €2 million, operate for at least 6 months and be located within the region of the local LEO they are applying to. Moreover, businesses must not engage in ineligible activities, as outlined by the LEO's guidelines.
The application process for the TOV scheme involves several steps. Initially, businesses are required to attend an information seminar, where they receive essential guidance on completing the application and preparing the necessary documentation. Subsequently, businesses can fill out the TOV application form, outlining their project objectives and requirements. Once the application is completed, it must be submitted to the local LEO along with three quotations for the proposed work.
For businesses seeking assistance with the TOV application process, Proventus Digital offers comprehensive support and guidance. We are committed to helping businesses maximise the potential of this initiative and unlock new opportunities for online success. Contact us today to learn more about how we can assist you in harnessing the benefits of the TOV scheme and propelling your business towards digital growth and prosperity.
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