SMEs spend their €5,000 vouchers in higher education institutes in exchange for innovative solutions to small business challenges. There is also the option for groups of up to 10 companies to apply for a ‘pooled innovation voucher’ up to the value of €50,000 to spend with one research team.
If you would like to work on an Innovation Voucher project to deliver a technical solution to a business challenge, you should find out who is the dedicated ‘Knowledge Provider contact’ in your institute and let them know you are interested.
Full details of the Innovation Voucher programme and contact details for the Knowledge Provider in your institute are available on the Innovation Vouchers website.
This programme supports collaborative research projects between Irish higher education institutes and companies. The financial support in this case is provided to the college. The proposal process and administration of the project is managed by the participating institute.
Researchers participating in an Innovation Partnership will benefit from the opportunity to work with companies to solve real technical challenges and new product / service development.