Innovation Vouchers worth €5,000 are available to assist a company or companies to explore a business opportunity or problem. The Innovation Vouchers initiative is open to all small and medium-sized limited companies registered in Ireland.
Innovation Vouchers can be used for any kind of innovation such as:
new product/process development
new business model development
new service delivery and customer interface
new service development
tailored training in innovation management
Innovation Vouchers can be exchanged for knowledge transfer projects from the knowledge provider. For the purposes of this initiative, a knowledge transfer project is defined as one that transfers knowledge of a scientific, technological or innovative nature that it is new to the small enterprise. The small enterprise may then use the new knowledge to innovate a product, process or service.
DIT Hothouse has worked very successfully with small and medium-sized in the past, who have availed of Innovation Vouchers and other initiatives which have led to longer term partnerships and follow on research projects.