Almost €350K for Cavan firms through online voucher scheme

News Update

A total of €348,632 was granted to 146 Cavan businesses in 2020 through the Trading Online Voucher Scheme.

The details were confirmed this morning by Fine Gael Minister Heather Humphreys.

The Cavan Monaghan TD said: “The Trading Online Voucher Scheme is designed to help support to small and micro-business to develop their online presence. As part of this, there is a grant available of up to €2,500 to help them develop or enhance their ability to trade online.

“In addition, as part of the scheme, small and micro businesses can avail of peer to peer advice and support through the Local Enterprise Offices."

Minister Humphreys said she was encouraged to see local businesses developing and expanding their online offering "particularly during this challenging pandemic as it has offered a new route to market for many businesses affected by closures".

The scheme was increased from €2.3m to €39.8m in 2020 to respond to the challenges presented by COVID-19.

"The Government also introduced new flexibilities to the scheme including reducing the requirement for co-funding and allowing businesses to apply for a second voucher where they have successfully utilised their first one.

“I encourage any businesses in County Cavan that have not yet applied for this scheme to do so," said Minister Humphreys.

In order to be eligible, an applicant business must have a limited online trading presence; 10 or less employees; turnover of less than €2 million; and must be trading for at least six months.

Businesses should contact Trading Online Voucher Scheme - Local Enterprise Office - Cavan for more information on how to apply.