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Funding and Grants Available
to Irish Businesses to Grow Online In 2024

 

The digital economy is growing rapidly and offers many opportunities for small and medium-sized enterprises (SMEs) to increase their competitiveness, innovation, and resilience. However, many SMEs face challenges in adopting and using digital technologies, such as lack of skills, resources, or awareness. To address these challenges, the Irish government provides various funding and grant schemes to support SMEs in their digital transformation journey.

These schemes cover different aspects of digitalisation, such as online trading, digital roadmap development, and digital process innovation. In this article, we will explore some of the main funding and grant schemes available to Irish businesses to grow online in 2024, and how they can help you achieve your digital goals.

ERDF LEO LOGO

Trading Online Voucher Scheme – Up to €2,500 grant available 

Assist small businesses with up to 10 employees to trade more online, boost sales and reach new markets.

  • Limited or no e-commerce presence;
  • 10 or less employees;
  • Turnover less than €2m;
  • Applicant business must be trading for at least 6 Months**;
  • Business must be located in the area covered by the LEO to whom they make their application

Funding can be used towards adding payment facilities or booking systems to your website or developing new apps for your customers. The voucher can also be used towards subscriptions to low cost online retail platform solutions, such as Turbo Inventory.

 

Digital Discovery – Up to €5,000 grant available   

  • Start-up and SME Enterprise Ireland client companies who are looking to develop a digital roadmap.
  • Analyse process flow efficiency (delivery of value to customers)
  • Explore potential for digital services or products
  • Explore opportunities to improve process flow with Lean-digital systems

The aim of the Digital Discovery grant is to incentivise and support companies to develop a strategic roadmap for their digital transition. This should encompass a review of existing systems, processes and capabilities and an exploration of new opportunities in an increasingly digital world.

 

Digital Process Innovation – Up to €150,000 grant available 

  • Hire an external consultant
  • Introduce technology and new ways of working
  • Businesses seeking greater integration of digital technology for improved productivity.
  • Implementing an innovative new way of working to increase quality, speed, dependability or flexibility of the company’s operations.

With this offer, Enterprise Ireland is supporting investment that will accelerate your business’ digital transition and introduce new ways of working. These grants can help entrepreneurs and SMEs to embrace digital technologies, improve their productivity, access new markets, and reduce their climate impact.

 

For any Irish business seeking reliable and scalable software solutions to manage accounting, inventory, and workflow – Big Red Cloud and Turbo Inventory are the ideal partners for achieving online growth.

Big Red Cloud

Big Red Cloud is a leading supplier of cloud based online account’s software to the SME market. Our online account’s software is simple and easy to use and takes only minutes to set up. It is designed to enable smart business people get on with doing what they do best which is to sell their products or services. We believe in giving exceptional value by including multiple users, unlimited transactions, telephone, email, live chat support and free access for your accountant and bookkeeper, all for a low monthly fee. Join over 75,000 businesses that have already made the smart move and get your business up and running with Big Red Cloud’s online accounts.