Want to know more about our support?

About the Innovation Vouchers programme

Do you have an innovation project that could lead to the development of a new or improved product, service, business model, or process? Will it create value in your business, produce new profits or help grow the business? If so, then an Innovation Voucher could help support this.

The next call for applications will open on Monday 20 January until 15:00, Friday 7 February 2025

This project is funded by the UK government through the UK Shared Prosperity Fund.

How can a £5K Innovation Voucher benefit my business?

£5K Innovation Vouchers allow businesses or potential entrepreneurs to get expertise from a public sector knowledge provider, such as a University or College (NI and ROI) for your innovation project.  

** Please note that this programme does not involve the payment of any funds directly to participating businesses.**

Typical projects we support include:

  • Expertise to help create or improve products, services, business models or processes
  • Access to specialist expertise in new materials
  • Tapping into research and scientific expertise

Activities that are not eligible include:

  • Business plans, market research and financial planning
  • Website and app related activity
  • Marketing and sales activity
  • Training courses
  • Working with a private sector provider

This list is not exhaustive.

Discover more

Hear how the support from a £5K Innovation Voucher has helped Northern Ireland businesses.

If your Innovation Voucher application is successful, you will be required to complete an Innovate NI Innovation Assessment before the Innovation Voucher is issued.

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